#opportunity-cost
#opportunity-cost

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Is a Home Renovation Worth Delaying Your Retirement?

Paying $150,000 cash for a renovation risks delaying retirement by about five years due to lost investment growth and reduced retirement savings.

Business

from24/7 Wall St.

2 weeks ago

Why Waiting to Claim Social Security Benefits Might Cost You More Than You Think

Delaying Social Security increases benefits about 8% per year but incurs opportunity costs and health/longevity trade-offs, so optimal timing depends on individual circumstances.

fromwww.npr.org

1 month ago

COMIC: 7 signs it's time to call it quits

"If at first you don't succeed, try again." "Winners never quit and quitters never win." Our culture has a lot of sayings against quitting, making it seem like a failure. But sometimes, abandoning a goal means opening up space for something better. Cognitive psychologist Annie Duke, author of Quit: The Power of Knowing When to Walk Away; career educator Colin Rocker; and psychologist and professor

Psychology

Silicon Valley

fromFortune

1 month ago

Steve Jobs' first Silicon Valley boss turned down an offer to buy a third of Apple for $50,000-today, his share would be worth nearly $1 trillion

Nolan Bushnell turned down an opportunity to invest in Apple, missing out on a potential $1 trillion profit.

Parenting

from24/7 Wall St.

2 months ago

I Realized My Kids Cost Me $1.2 Million - Here's the True Opportunity Cost of Raising Children

The average cost of raising a child from birth to age 18 is $389,000.