Exponential discounters plan their life-time consumption path and stick to it while they age as long nothing unforeseen happens Is this statement correct

Yes, the statement is generally correct. Exponential discounters are individuals who have a consistent pattern of discounting the future at an exponential rate when making consumption decisions. They typically plan their lifetime consumption path based on their preferences and expectations, and they try to stick to it as long as there are no unforeseen circumstances or significant changes in their financial situation or preferences. However, it is important to note that life is unpredictable, and unforeseen events or changes can occur that might require adjustments to their planned consumption path