Tag

Opportunity Cost

All articles tagged with #opportunity cost

personal-finance3 months ago

When is the optimal age to claim Social Security benefits?

The article explains that while delaying Social Security benefits increases monthly payments, it may not always be the best choice due to factors like longevity risk and opportunity costs. A personalized approach, considering individual health, savings, and investment returns, is recommended, ideally with professional financial advice, to optimize retirement benefits.

personal-stories2 years ago

"Insights from Women 30+: Career Regrets and Lessons Learned"

Women in their 30s are sharing their career regrets, with some expressing a desire to pursue medicine but feeling that the opportunity has passed them by. Factors such as the long educational path, high debt, lack of control over location, and the intensity of residency have deterred them. Despite believing in their academic abilities, they prioritize stability, community, and putting down roots over the potential benefits of a medical career.