If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

  • gusgalarnyk@lemmy.world
    2·
    5 days ago

    It seems you’ve been scorned from treating investing as gambling and I’m sorry to hear that but that’s not how this works. Yes, markets can go down and you can lose money but:

    1. this is a hypothetical which doesn’t care about real market considerations
    2. you can and should average your retirement investing against a conservative figure so in boom years you’re underspending and in bust years you’re still covered

    This is all calculatable. The problem is we’re all paying for some jackass’s yacht when we should be paying for community rail and affordable housing.

    • vane@lemmy.world
      11·
      5 days ago

      You’re dreaming or selling ? Retirement investment is Ponzi scheme. If you think there will be more and more people every year in your country look up birth rates. You know what is Kondratiev wave ? There is no real market right now, go make something and see how much it’s worth and for how much billionaire owned companies are selling it and why they don’t pay taxes.