I was having a think this morning...
Jan. 14th, 2009 12:48 am...and I remembered how, at least in the early nineties (okay, maybe late eighties), it was said that you were making an appropriate income if you were earning your age. In thousands, that is... I realize that inflation might have adjusted this a bit, but I was thinking about the fact that I only managed that once in my life, and it didn't last too long.
And then I thought...the thing with that formula is that it assumes that your salary is somehow negotiable, but that your age is not. So then I thought, what if your age was negotiable, but your income had to be pegged to your age? Obviously, in this system, nobody would be terribly wealthy. But, say you could choose to be any age from, say, 18-80, and that would determine your income. You would be subject to age appropriate health probabilities, and so on. So, if that were the case, what would you choose?
And then I thought...the thing with that formula is that it assumes that your salary is somehow negotiable, but that your age is not. So then I thought, what if your age was negotiable, but your income had to be pegged to your age? Obviously, in this system, nobody would be terribly wealthy. But, say you could choose to be any age from, say, 18-80, and that would determine your income. You would be subject to age appropriate health probabilities, and so on. So, if that were the case, what would you choose?