Senior studying Finance. Looking to work in tech policy in the future.
You might die. If you did, would your money go to your feelings-over-facts relative who thinks a Humane Society is the same thing as the Humane League? Would this be in accordance with your values?
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The SSA’s Life Tables tell us that if you are 25, you have an annualized chance of death of 1.8 in 1,000. I don’t know how much money you have, but let’s be generous and say you have $100k.
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0.0018 (annual chance of death) / 12 = 0.00015 monthly
0.00015*$100,000 = $15/month
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Would you bother to cancel a subscription that charged you $15 per month? What if you knew you’d have to cancel it eventually and that it would become more expensive every day you lived?
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My lawyer says it can be as easy as filling in his template. Could this be worth 30 minutes?
Yes good point. Was thinking of this as "how many potential QUALYs would be lost if your money went to your not-so-EA relatives". But yes, if you think they would spend the money wisely then this makes sense.Â