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Quality of Life

3 min read

This is a story about feeling healthy...

Quality of Life

If we score ourselves as 100% when we are feeling healthy, it may surprise you to learn that depression sufferers score themselves at 30% when they are depressed. Being depressed means not enjoying the things that you normally enjoy. Being depressed means feeling tired all the time.

There is a good amount of data to show that the richer we are, the more satisfied with life we are. Don't believe all that nonsense about how "the rich cry too". It's pointless propaganda. There is good hard data that shows that the more well off we are financially, the happier we are.

So, let's imagine this hypothetical situation.

I'm depressed at the moment because my well paid job is truly appalling. I'm earning a lot, but I don't get to spend it. I'm earning a lot because it's all going into a pot of money that I get to spend when I retire at age 65. It seems like the sensible thing to do is to save up for retirement. But is it?

Imagine that I take my dream job, which pays enough money for me to rent a shitty room in a shitty house, never save any money, but I can enjoy my life and have a nice time. I'll reach age 65, and then my health and wealth will be so f**ked that my 'wellness' score will drop to zero: I'll be as good as dead.

We can actually measure quality of life, and calculate which is the better strategy.

Let's imagine that quitting the rat race means I'm no longer depressed, but I'm a little bit stressed about money. Let's imagine that I'm not totally depressed, so my quality of life is currently 60% lower than what it would be if my mental health was perfectly normal. That means that my quality of life will improve from 40% to 90%, just by quitting my terrible job and going off to do something fulfilling that won't pay very well.

In the red part of the diagram above, you can see that I have a brilliant retirement, where I'm at 90% health, but my old age means that my body is starting to let me down. I have loads of money, so I'm having a great time, until I drop dead at age 75 from a heart attack because I had such a stressful and boring job, sat at a desk getting fat, unfit and miserable.

In the orange part of the diagram above, you can see that I have a brilliant time from age 37 to age 65. I grow old disgracefully, living a hand-to-mouth existence that's fairly free from grown-up responsibilities and sensible retirement planning. Without the millstone of a mortgage and a pension plan, my existence is fulfilled and hedonistic and I can have a brilliant time up until the day I'm too old to work.

As you can see, the "live for today" strategy scores 30 points, and the "live for tomorrow" strategy scores 20 points.

Using these hard numbers, you can see that I will have better quality of life not working in the rat race, even though it will leave me destitute and dying on the streets when I'm 65. I could literally kill myself on my 65th birthday, and I will have had a much better life than if I die 10 years later in wealth and comfort.

I kinda felt this intuitively, but it's good to see some hard numbers that confirm my hunch.

I hope I die before I get old.

 

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