Jacob Schroeder

Detroit

Contributor Writer at Kiplinger

The Root of All. Runner. Writer. Father. Prayer. (they all feel like the same thing)

Articles

The ‘First Year of Retirement’ Rule

2 weeks ago | kiplinger.com | Jacob Schroeder

While the first year of retirement generally features fewer keg parties, football tailgates and all-nighters, it shares one unique similarity with college: it’s a new beginning. For thousands of new retirees every day, it’s a time to spread their wings and discover — or rediscover — their sense of self. And, like college, if you take too much advantage of that freedom and neglect your responsibilities, it can hurt the whole experience.
AI Is Missing the Wisdom of Older Adults

2 weeks ago | kiplinger.com | Jacob Schroeder

In a galaxy far, far away — well, California, actually — AI systems are being built that could reshape everything from how we work and bank to how we manage our health, and even how we age. Engineers are training machines to solve complex problems, mimic human reasoning and bring robots one step closer to life. And yet, while the AI advances emerging from Silicon Valley may resemble the futuristic tech of Star Wars, they’re missing a familiar story arc: the presence of an older, wiser guide.
The 'Second Law' of Retirement Rules

1 month ago | kiplinger.com | Jacob Schroeder

Retirement planning may not be rocket science, but that doesn’t mean you can ignore the laws of physics. Think back to your high school physics class and you might recall the Second Law of Thermodynamics: left alone, systems tend toward disorder — called entropy. Like a garden, chaos takes over when things are left unmanaged. Retirement, experts suggest, isn’t all that different. Subscribe to Kiplinger’s Personal FinanceBe a smarter, better informed investor.
The 'Second Law' of Retirement Rules

1 month ago | flipboard.com | Jacob Schroeder

NowJoe Jackson’s son, William, is 6 years old and has Duchenne muscular dystrophy, a disease that can claim the lives of boys and young men. Through the organization Cure Rare Disease, the family found a potential treatment option that comes at a big cost, so Jackson set out to raise some of those …
The Rule of 240 Paychecks in Retirement

1 month ago | kiplinger.com | Jacob Schroeder

The average retirement lasts about 20 years. One way to look at that is through the lens of time: how many good years of life you might have left and how to make the most of them. But financially, it means something even more concrete. You’ve got 240 paychecks to spend. The math is simple. Retire at 65, live to around 85, and that’s 20 years × 12 months = 240 monthly retirement paychecks. Subscribe to Kiplinger’s Personal FinanceBe a smarter, better informed investor.
Ways to increase lifespan and healthspan

1 month ago | thebeaconnewspapers.com | Jacob Schroeder

Photo by Àlex Folguera | Unsplash For centuries, the world’s most powerful figures have tried to cheat death. The Epic of Gilgamesh tells of a king’s desperate attempt to outwit mortality.
The 'Rule of Four Futures' in Retirement

1 month ago | kiplinger.com | Jacob Schroeder

Retirement isn’t a competition, as the 'Rule of Four Futures' demonstrates; there's a lot left up to chance. But it may help you prepare for retirement as if it is a tournament — maybe even the biggest one of your life. To prepare for the 2024 Olympics, Australian boxer Harry Garside deliberately placed himself in 100 uncomfortable situations, from asking strangers for hugs to making oddball fast-food orders. Why? To strengthen his mental toughness so he would be ready for anything.
The Rule of 1,000 Hours in Retirement

1 month ago | theepochtimes.com | Jacob Schroeder

By Jacob Schroeder From Kiplinger’s Personal FinanceThe real national pastime isn’t baseball. If you go by how Americans actually spend their leisure time, it’s something even slower: watching TV. According to the Bureau of Labor Statistics’ American Time Use Survey, Americans spend nearly three hours a day watching television, making it the country’s most popular leisure activity. Among retirees, that number rises to more than four hours a day.
The 'Rule of 25' for Retirement Planning

2 months ago | kiplinger.com | Jacob Schroeder

Great things really can begin on a simple bar napkin. J.K. Rowling famously scribbled the first idea for Harry Potter on one during a delayed train ride. And years later, designer Paula Scher sketched the now-iconic Citibank logo on a napkin during a client meeting. In both cases, a quick, imperfect outline became the foundation for something extraordinary. Sometimes, a back-of-the-napkin idea is all you need to get started.
How Can Investors Profit From AI's Energy Use?

2 months ago | kiplinger.com | Jacob Schroeder

Imagine buying the most advanced oven ever invented. It cooks every meal for you, from start to finish, freeing up time and improving your life. But when the first electric bill arrives, you're shocked to see how much power it guzzles. That's the situation unfolding with artificial intelligence (AI). As AI revolutionizes industries and reshapes daily life, it's also quietly creating a massive new demand for electricity.