Absolutely true. Neither is the ability to perform physically demanding tasks an automatic consequence of youth. We’re talking about expected values, not guarantees. And I would certainly agree that someone who doesn’t expect their career to increase their earning power over time would have a completely different expected-value calculation around impromptublue’s suggestion than someone who does.
Taking care of kids can be physically demanding (carrying them around, chasing them down, etc.) and I expect it’s a lot easier when you are younger.
It’s also a lot easier when you can afford assistance.
Wealth isn’t an automatic consequence of age (or of a PhD for that matter).
Absolutely true.
Neither is the ability to perform physically demanding tasks an automatic consequence of youth. We’re talking about expected values, not guarantees.
And I would certainly agree that someone who doesn’t expect their career to increase their earning power over time would have a completely different expected-value calculation around impromptublue’s suggestion than someone who does.