Life stages and financial health - blockchain changes it all

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·@famunger·
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Life stages and financial health - blockchain changes it all
I am thinking a lot of what to expect from the second half of my life and what kind of footprint I want to leave behind when the curtain closes. Some call it mid-life crisis but I don't like the term so much as it relates to a crisis which it is not for me. For me It is the opposite: best time of my life. I lost my job (got fired but honestly I helped a lot that it came that way) and have the time to focus 100% on my life - beside my growing family blockchain is a big part of that. And it is fascinating how many ideas and possibilities open up when you are getting of the hamster wheel of being an employee. But that is a story for a different post.

While digging into literature about different life stages and what characterizes them I found this picture. 
![Bildschirmfoto 2018-01-28 um 09.44.42.png](https://steemitimages.com/DQmV99h6GJxeHwLKWcoeNJz9o2e4NdNmDWm3yh9y87d9ADP/Bildschirmfoto%202018-01-28%20um%2009.44.42.png)
*source: RBC Capital Markets*

That shows one of the tragedies of life - at least in my opinion. Thinking of a family with two kids, decent amount of income as emploee -  you won't be able to create significant savings. Yet that would be the best time of your life to spend money. To go traveling, buy that Porsche you always wanted to, buy a big house and be active as an investor or getting self-employeed.
Next stage - children are grown up, your drive to want only the best declines and maybe also your physical ability to enjoy things has it limits (something you didn't experience so far). Now you can increase your savings - but what to do with them?

I have been lucky - some of the savings of my parents they passed on very early. And not with the restriction to save the money for the bad times - no, to spend it and enjoy life in the phase with the most opportunities. I really admire my parents for doing that. And it is not the way that I just spend it for luxurious items - no it gave me the financial security to take risks and e.g. invest into blockchain and steem for example.

Now thinking of blockchain beside the technical benefits and new use cases you can implement with it I am such a great fan of blockchain as it going to change society in my opinion. One aspect will be that wealth is going to redistributed. I am pretty sure that most of the early adopters of blockchain - those who are going to profit most - are the first two stages (depends on where you draw the age limit). The Youngstars are earning money they wouldn't without blockchain starting their life already with a significant capital giving them so much opportunities. That makes me very positive about the future and how things will change to the better.

Of course some point in time the early adopter bonus is gone but I still think that blockchain will establish more opportunities for the young ones with their risk appetite to venture on their own and build up wealth faster than it is possible today.

So it might be that this picture needs to be adapted in the future - something I would love to see and am supporting actively.
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