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Levin: Don’t just move through life, figure out how to get the most value from your years

Gains & Losses / November 10, 2019

By: Ross Levin, CFP®

I was reading a Wall Street Journal article about how medical costs are being reduced by using algorithms to determine quality adjusted life years.

Essentially, a dollar value is put on the patient’s quality of life blended with the type of disease and expected longevity to determine treatment costs.

What if we applied this concept to our own lives?

We are placing a dollar amount on our lives, but we may not be determining the quality of the years for which we are paying.

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This article originally appeared in the Minneapolis Star Tribune on November 10, 2019.