Home > NewsRelease > 5 Ways the World Will Look Different in 2100
Text
5 Ways the World Will Look Different in 2100
From:
Greg Womack -- Oklahoma Financial Adviser Greg Womack -- Oklahoma Financial Adviser
For Immediate Release:
Dateline: Oklahoma City, OK
Friday, May 7, 2021

 


Estimates suggestthere will be 25 million by 2100. Take a guess: electric vehicles,household robots, wild elephants, centenarians, or streaming services perhousehold?

  • Electricvehicles. There may be far more than 25million – estimates suggest 145 million – on the road by 2030.
  • Householdrobots. Domestic robots that offercompanionship or help with tasks like lawn mowing, vacuuming, and mopping arebecoming popular. Estimates suggest about 55 million domestic bots will be soldnext year.
  • Wildelephants. From 1989 to 2018, the number ofelephants in the wild doubled to 34,000, reported Earth.org.
  • Streamingservices per household. Currently,the average number of streaming services per household is four. There’s roomfor growth, but probably not that much.
  • Centenarians.The world is in the midst of alongevity revolution and, by 2100, there may be as many as 25 million centenarians– people age 100 or older – around the globe, according to a source cited by ScienceDirect.

The world’s 65 and olderpopulation is growing rapidly.

According to the most recentpopulation estimates from the United Nations, “…1 in 6 people in theworld will be over the age 65 by 2050, up from 1 in 11 in 2019. The latestprojections also show the number of people aged 80 or over will triple in thenext 30 years. In many regions, the population aged 65 will double by 2050,while global life expectancy beyond 65 will increase by 19 years.”

Longevity deserves more thoughtthan it often receives. It is an essential part of every financial andretirement plan, influencing savings goals, investment choices, and retirementincome levels. Yet, people often underestimate their potential longevity.

In the United States, the averagelife expectancy at age 65 is 19 years, according to the Centers for DiseaseControl (CDC). Consequently, many people assume they should plan to live toage 84. However, the CDC estimate is an average. Half of 65-year-olds will livebeyond age 84.

When it comes to planning for thefuture, having above average expectations for longevity may be a good idea.

Best regards, 

Womack Investment Advisers, Inc.

 

WOMACK INVESTMENT ADVISERS, INC.

Oklahoma / Main Office: 1366 E. 15th Street - Edmond, OK  73013
California Office: 4660 La Jolla Village Dr., Ste. 100 - San Diego, CA 92122
Phone (405) 340-1717 - Toll Free (877) 340-1717 

 Website:  www.womackadvisers.com

Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.


 


  Dogs may be some of the world’s most effective disease detectives. In January, before COVID-19 was known to have arrived on our shores, NPR wrote about the dogs’ ability to smell disease. The host of Medical Monday interviewed Maria Goodavage, author of Doctor Dogs: How Our Best Friends Are Becoming Our Best Medicine , who said:   “With ovarian cancer, there's not much great testing for early detection. I heard about these dogs at the University of Pennsylvania Veterinary Working Dog Center that are able to smell ovarian cancer. They're able to detect it as early as stage one. We're not even talking tumors here. They're able to detect ovarian cancer in one drop of plasma from a woman with ovarian cancer.” Doctor dogs also are being trained to detect the novel coronavirus. Reuters reported, “A study recently found dogs can identify infected individuals with 85 percent to 100 percent accuracy and rule out infection with 92 percent to 99 percent accuracy.” Airp
  David Kostin, the Goldman Sachs chief U.S. equity strategist, wrote in a note to clients “The U.S. election is just 81 days away and represents a significant risk to our year-end forecast.” Analysts often mention the uncertainty surrounding presidential elections in the United States, and this year is sure to be no exception. However, John Stoltzfus, CIO of Oppenheimer Asset Management told clients, “Embrace the uncertainty.”   His research showed that historically, elections haven’t done much to prevent stocks from going up regardless of which political party prevails. Furthermore, Stoltzfus writes, “Uncertainty usually comes with opportunity and risk—two considerations essential in making investments.”     A study by Deutsche Bank showed that in Presidential election years in which the contest is thought to be “close”, stocks generally go up until a month or so before the election, then pull back a bit, and then resume their uptrend from around the election through the end of the
    Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash and as his company holds a massive cash balance. Gerald Miller | CNBC   Warren Buffett’s Berkshire Hathaway made some big purchases in 2020, but the biggest Buffett buy speaks to the big challenge the company will continue to face: there was nothing it could find at a better price than its own shares. Berkshire bought back more than $18 billion in its own shares last year, through October, almost twice as much as Buffett spent on his next biggest acquisition, the $10 billion natural gas assets transaction with Dominion Energy, which including the debt acquired, was the largest acquisition since 2016. Taken at his word — which he has earned — that he won’t do a share repurchase just to prop up the stock, the big buyback was a
News Media Interview Contact
Name: Greg Womack
Title: President
Group: Womack Investment Advisers
Dateline: Edmond, OK United States
Direct Phone: 405-340-1717
Jump To Greg Womack -- Oklahoma Financial Adviser Jump To Greg Womack -- Oklahoma Financial Adviser
Contact Click to Contact
Other experts on these topics