Dan Siegfried retweeted
We are quietly isolating an entire generation of older people from society, and nobody seems to give a damn.
I took my 84-year-old grandfather to his local bank branch on Friday.
The exact same brick-and-mortar branch where he opened his first account in 1978.
We pull up to the front doors. They’re locked.
Inside is an empty lobby with a small sign: “Cashless Service Hub.”
A young guy in a polo shirt opens the door and tells us:
“We don't handle teller deposits or paper checks here anymore. You just need to download the mobile portal and scan your routing number.”
My grandfather pulls out an old flip phone with a cracked screen and a paper pension check from his coat pocket.
His hands were visibly shaking.
The employee just shrugs.
“You can do it on an iPad, or have a family member manage the app for you.”
This man worked forty-two years in a manufacturing plant. Paid his taxes. Fought for this country.
And now he is made to feel completely useless and stripped of his dignity because he doesn't own an iOS device.
Tech isn't making life easier if it completely locks out the people who built the world we’re living in.
Are your elderly parents or grandparents running into this wall too?
6 Age-Old Wisdoms to Help You Handle Market Volatility | Farm Bureau Financial Services fbfs.com/learning-center/6-a…
Dan Siegfried retweeted
BREAKING: Elon Musk virtually joined the G20 Summit today and shared his outlook for AI
• AI could expand the global economy by 20% to 30%, adding roughly $20 trillion to $30 trillion annually.
• By the end of 2027, AI may be capable of performing almost any fully digital task.
• Musk expects AI coding to reach “Stockfish-level,” making it nearly impossible for humans to compete with AI at writing software.
Dan Siegfried retweeted
Jeff Bezos just bet $12 billion that you'll be able to support your whole family on a single paycheck again.
his reasoning: AI will let companies make more stuff with fewer people and less money.
and when something gets cheaper and easier to produce, and lots of companies can do it, they compete and the price drops.
it's why a flatscreen TV that cost $2,000 a decade ago is $300 today.
bezos thinks AI will do that to almost everything you buy.
in his words, it raises "the basket of goods people can afford."
your paycheck buys more without anyone handing you a raise.
the problem: look at which prices have actually dropped.
so far, AI has only made *digital* things cheap, like code and content.
but the stuff that really eats your paycheck is *physical*.
rent, cars, medicine. cheaper code doesn't lower your rent.
that's exactly what bezos just spent $12B on.
Prometheus, his new company, is building AI tools that help engineers design and manufacture physical products faster
things like cars, machines, and medicine.
the goal is to make building physical things as fast and cheap as writing software.
if it works, 1 income starts covering what used to take 2.
which is when his prediction kicks in:
"perhaps one of those earners will choose not to be in the job market, so they'll become a one-earner household." or "some people who are working overtime will stop working overtime, because they don't want to."
one paycheck covering a whole family again, like the 1950s.
Realism. Optimism. Responsibility. app.dailydiscipline.com/c/fe… via @tbriankight
RBC Wealth Management survey finds women’s economic power rising to new heights rbcwealthmanagement.com/en-u… #RBCWM
It’s not supposed to be like this app.dailydiscipline.com/c/fe…’s-not-supposed-to-be-like-this via @tbriankight
Dan Siegfried retweeted
When people struggle under pressure, it doesn’t mean they lack resilience.
It often means they lack practice.
Dan Siegfried retweeted
What if there was a bank account available, that required you to deposit monthly, what you would have paid an insurance company in premiums, for an ACA silver plan. So for a family of 5 about $2100.
The amount would then be used for Stop Loss Insurance set at $30k dollars. About $300. Another $200 would be used for local Direct Primary Care for your family
The balance would be in YOUR bank account.
Like an HSA, It could only be used for approved medical expenses. If you never have any medical expenses, you will get to keep the money plus checking act level interest, when you turn 65
If you have a medical event that is more than what you have saved, your bank will loan you the money you need to pay for it, up to the $30k stop loss trigger
You would repay that amount using the monthly $1600 net deposit. Once the loan is paid off, the deposits start to accrue to you again.
This is not insurance. It’s a specially designed bank account that gives you control, support, a doctor to work with and catastrophic financial protection.
Lots of work and issues to be addressed. But I was curious what people think
Let me know !
The one debt you can’t ever pay off ? Your insurance premiums. You literally will pay an insurance premium monthly, till you die.
But we don’t look at it like it’s a debt paid to an insurance company that will do all it possibly can never spend it on your care.
We are working on a non -insurance solution.
The day HSAs no longer require an insurance policy, it all will change.
finance.yahoo.com/sectors/he…
Dan Siegfried retweeted
INTRODUCING THE NEW BOOK!!
Brewed From Within: Energy for the Entrepreneurial Lifestyle lands this May, with timeless riffs on Entrepreneurship, Leadership, Technology, and Life & Happiness.
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Cover Reveal ☘️ St Patricks Day
PREORDER OPENS 🛸 APRIL 1ST
Happiness expert shares 6-step morning routine that boosts mood and productivity dnyuz.com/2025/10/31/happine…
"Conflict is inevitable, though there is more often the appearance of conflict than the reality of it." app.dailydiscipline.com/c/fe… via @briankight












