I asked AI to tell me what the major life events are for a human. Here is what it wrote:
Major life events for humans generally refer to significant occurrences that impact one’s life trajectory and personal development. These events can be broadly categorized into social, educational, professional, personal, and health-related events. Here’s an outline of major life events typically experienced by many individuals:
Social Events
Birth – The start of life.
Baptism or Naming Ceremonies – Cultural or religious ceremonies recognizing an individual’s entry into their community or religion.
Starting School – The beginning of formal education.
Graduations – Marking significant educational achievements (e.g., high school, college).
Entering a Significant Relationship – Such as starting to date, getting engaged, or entering a domestic partnership.
Marriage – Legal or ceremonial union between partners.
Parenthood – The birth or adoption of children.
Retirement – Ending full-time work and transitioning to leisure or part-time employment.
Educational and Professional Events
Starting School/College – The beginning of formal education and higher education.
First Job – Entering the workforce.
Career Changes – Switching careers or significant job promotions.
Starting a Business – Entrepreneurial ventures.
Professional Achievements – Receiving awards or recognition in one’s field.
Personal Development Events
Traveling Abroad – Experiencing new cultures and environments.
Religious or Spiritual Milestones – Such as Bar/Bat Mitzvahs, Confirmations, or other rites of passage.
Significant Personal Projects – Completing personal goals like writing a book or building a house.
Health-Related Events
Serious Illness or Injury – Events requiring hospitalization or significant medical treatment.
Recovery or Overcoming a Challenge – Psychological or physical recovery from significant setbacks.
Aging Milestones – Significant birthdays like turning 50, 65, etc.
End-of-Life Events
Loss of Loved Ones – Dealing with the death of family members or close friends.
End of Life Planning and Reflection – Making arrangements for one’s estate and reflecting on life achievements and regrets.
Death – The final life event.
These events can profoundly influence an individual’s identity, relationships, worldview, and life decisions. They often carry emotional, psychological, and sometimes financial weight, shaping the course of one’s life journey.
I started this post after being inspired by reading Nick’s post entitled, “Where You Should Put Your Money and When” where he feels he put things in the wrong order looking back at his life.
I don’t particularly think he put anything in the wrong because everyone’s financial odyssey is going to be different. When I look back I am glad I got married and had kids in my 20’s because there is no way that I would want to be a parent at age 40 to young kids. By the time my wife and I hit our 40’s our kids were basically adults and off to college and we were FREE.
My wife and I know people in their 40s that are on their first or second kid and there is no way that could be us. It did get me thinking about what are all the major milestones someone has in their life and is it possible to plan a budget for all those life events?
It seems like a very daunting task and neither I nor my wife could have planned for every event this far out but who knows with advancements in technology and AI will it be possible to some day plan most of this ahead of time?
Share the Wealth
Have you planned for the rest of you life? If so, how much money do you think you need for ALL of it?