The Investment Scientist

Archive for the ‘Life’ Category

This morning, I got an unexpected call from a client of mine. He asked me how the little one was.

My younger son was born with nasal cleft and lipoma corpus callosum, a benign form of brain tumor. This Friday, he will go into surgery to fix his cleft.

My client was calling to ask for his name, so that he can ask his rabbi to pray for him.

I am not Jewish but his gesture has sent positive shivers down my spine. This is why my job is so rewarding and why I am passionate about what I do.

Get informed about wealth building, sign up for The Investment Scientist newsletter

Healthy Lifestyle

Longer life spans, rising medical costs, declining retiree medical coverage, and Medicare and Medicaid insolvency all add up to making health care costs a serious challenge for folks preparing for retirement.

According to Fidelity research, a couple retiring today at age 65 will need current savings of $200k to supplement Medicare and pay for out-of-pocket health care costs in retirement. In another five years time, the number could balloon to $275k. And that’s before we talk about long-term care.

Read the rest of this entry »

Last Monday, we took our newborn son to hospital for an MRI. He was found to have a lipoma corpus callosum, a very rare congenital tumor in the middle of his left and right brains.

Our pastor Lon Solomon has a daughter with brain damage. If it comes to that, we have an example to follow. Here is what he shared in Esquire magazine:

Jill was born perfectly normal. At three months she started having seizures, and they got worse. Eventually she lost the ability to speak. She’s probably had five thousand grand mals or more, and has serious brain injury. She’s sixteen now, and nonverbal. It took nine years, but finally the doctors figured out that she had mitochondrial disease. The mitochondria are the parts of your cells that produce energy, and hers don’t work right. Her brain doesn’t get enough energy. She used to have six or eight seizures a day. Once, she had nineteen. We never slept through the night.

Read the rest of this entry »

At 2:24pm on 11/5/2011, my second son Caden arrived in the world. Upon seeing his face, my heart sank since there appeared to be a tiny piece of flesh dangling from his nose.

Read the rest of this entry »


Author

Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC.

Archives