Happiness “U”-Curve

Have you heard about the “U” shaped happiness curve? It’s the output of psychology research across ages. It suggests that people are happiest when they are younger, lose some of that happiness in middle-age, and then get it back as they get older. Here’s a plot of the curve, with the colors representing 7 different studies of happiness by age. There has been a lot … Continue reading Happiness “U”-Curve

Money & Happiness Reconsidered

A friend who bought a new boat recently quipped, “if money doesn’t make you happy you aren’t spending it right.” Until recently, scientists debated that point, claiming that happiness topped out at about $75K/year in income. That’s now changing. New research suggests that more money makes you more happy up to well over $500K/year. That’s a big difference and seems to make a lot more … Continue reading Money & Happiness Reconsidered

Positive Habits That Lead To Happiness

There are a lot of ‘checklists’ published on retirement, but I thought this one was worth a read: The Atlantic espouses ‘7 Things That Lead To Happiness in Old Age’. The advice is pretty straightforward. Nothing a kindergartener wouldn’t understand. Don’t smoke, don’t drink, maintain a healthy weight, exercise frequently, manage your stress, keep learning, and cultivate positive relationships. It’s amazing we have to be … Continue reading Positive Habits That Lead To Happiness

FIRE Station Fun – Love Of Money

Many people are familiar with the 2010 Princeton study that reported that there is a diminishing return to the impact of money on one’s happiness that tops out at about $75K a year.  People were surprised that the threshold was very in line with the average household income in the USA at $73K.  It is often cited as evidence that money doesn’t buy happiness.  I … Continue reading FIRE Station Fun – Love Of Money