Stop drinking or you'll outlive your money

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mindofmush
Posts: 353
Joined: Mon Jul 02, 2012 1:38 pm

Stop drinking or you'll outlive your money

Post by mindofmush »

A new study (The 90+ Study) shows that drinking is better than exercise for longer life:
According to the findings Dr. Kawas presented at the 2018 American Association for the Advancement of Science conference in Texas, having two glasses of wine or beer dropped the chance of premature death by 18 percent. Daily exercise for 15 to 45 minutes was found to only reduce premature death by 11 percent.

The findings clash with some studies which have linked heavy drinking to high blood pressure and cancer. However, they also support research which claims alcohol can increase mental clarity.
Wow, to be smart and a nonagenarian by drinking craft beer (and avoiding treadmills), awesome. Best "news" I've heard all year! :mrgreen:
mo meng, mo ching (which loosely means: no money, no life)

nrialto
Posts: 332
Joined: Wed Sep 02, 2015 7:23 pm

Re: Stop drinking or you'll outlive your money

Post by nrialto »

Has mmmmmbeer heard the news?

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jlozano042
Posts: 836
Joined: Tue Apr 04, 2017 12:37 pm

Re: Stop drinking or you'll outlive your money

Post by jlozano042 »

Now this is a study I agree with 100% <off to tell my wife and MIL>.

crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Re: Stop drinking or you'll outlive your money

Post by crondanet5 »

I would like to see a study comparing this result with the average number of drinks consumed by 90+ year olds. And there could be another study revealing alcoholic consumption of 80 and 70 year olds. Does the number of daily drinkers increase as the population ages or is this study poppycock?

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Tomanyiron
Posts: 4973
Joined: Mon Apr 26, 2010 6:39 am

Re: Stop drinking or you'll outlive your money

Post by Tomanyiron »

Who funded the study? I ask because I know alcohol and tobacco have for years been restricted from traditional advertising. And have used “Back-door” advertising to promote their products.
Example:
“An unusual glimpse into the business of both Hollywood and tobacco companies has been afforded by internal memorandums from the Brown & Williamson Tobacco Corporation. They show that the company spent a million dollars over four years to put images of its cigarettes into movies.

The way the placement procedure worked, according to the documents, was that Brown & Williamson asked an intermediary in Hollywood to seek out directors and producers to arrange for placement of cigarette packages and billboards in films, and in some cases to show actors smoking. The producers then designated who was to receive money or gifts.

In one deal, Associated Film Promotions, a firm now out of business, arranged with Sylvester Stallone for Brown & Williamson cigarettes to appear in a significant way in five of his movies, and to "incorporate personal usage for all films other than the character of Rocky Balboa in Rocky IV, where other leads will have product usage," possibly at ringside.

The price tag for the five films was $500,000. The films and their proposed titles in 1983 were: "Rhinestone Cowboy," "Godfather III," "Rambo," "50/50" and "Rocky IV."

The money was for the most part delivered in the form of expensive gifts. For example, $24,200 in "jewelry" was listed in the audit as given to Mr. Stallone. A watch for Mr. Stallone was listed at $7,290. An automobile for Mr. Stallone came to $97,000. An American saddlebred horse for Mr. Stallone was $80,000.”


And while we are at it, who paid for the dossier of research into Trump’s connections to Russia?
"A good decision is based on knowledge and not on numbers." Plato
"Perfect numbers like perfect men are very rare." Rene Descartes

SnareMV17
Posts: 176
Joined: Thu Jan 10, 2013 9:06 am

Re: Stop drinking or you'll outlive your money

Post by SnareMV17 »

...because you never see a Budweiser or Jim Bean commercial on television, right?
"Get your money for nothin', and your chicks for free."

Following TSPCalc strategy #64902.

houston
Posts: 129
Joined: Fri Jul 29, 2011 2:32 pm

Re: Stop drinking or you'll outlive your money

Post by houston »

What is interesting is for the most part they list just wine, and that would probably be the darkest ones. And while that has been somewhat proven, it is a certain ingredient that is doing this. Resveratrol is the part that helps with DNA and cell regeneration as I actually take it as a dietary pill without the alcohol.

mmmmmbeer
Posts: 917
Joined: Wed May 11, 2016 11:00 am

Re: Stop drinking or you'll outlive your money

Post by mmmmmbeer »

nrialto wrote:Has mmmmmbeer heard the news?
I'm 132 years old!
Those who 'abjure' violence can do so only because others are committing violence on their behalf.

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jlozano042
Posts: 836
Joined: Tue Apr 04, 2017 12:37 pm

Re: Stop drinking or you'll outlive your money

Post by jlozano042 »

mmmmmbeer wrote:
nrialto wrote:Has mmmmmbeer heard the news?
I'm 132 years old!
:lol:

Midway
Posts: 252
Joined: Tue Feb 28, 2012 6:09 pm

Re: Stop drinking or you'll outlive your money

Post by Midway »

Striving for immortality

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evilanne
Posts: 2067
Joined: Thu May 14, 2015 6:52 pm

Re: Stop drinking or you'll outlive your money

Post by evilanne »

The IRS tables only go up to 115....you better pace yourself or go 100% Roth mmmmbeer!

Scorpio70
Posts: 432
Joined: Thu Dec 24, 2015 11:49 am

Re: Stop drinking or you'll outlive your money

Post by Scorpio70 »

If you live to be really old, does the taxation stop?

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evilanne
Posts: 2067
Joined: Thu May 14, 2015 6:52 pm

Re: Stop drinking or you'll outlive your money

Post by evilanne »

Taxes will never stop, even 50% to 85% of your Social Security will likely be taxed based on current rules https://www.ml.com/articles/taxes-and-y ... urity.html, but you won't have to pay any taxes on Roth withdrawals in old age.

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