Alternative title:
Wealthy individual gets to retire early while you, the proletariat, get to suffer under the 9-5 thumb, crushed by the system the wealthy created. Enjoy, suckers!
Wealthy individual gets to retire early while you, the proletariat, get to suffer under the 9-5 thumb, crushed by the system the wealthy created. Enjoy, suckers!
I don't know what is the point of this article other than a humblebrag. What should the takeaway for people struggling to make ends meet while working bad, low paid jobs be? Should I feel bad that I'll never get to retire before 40 because I didn't ride the high income wave since my 20s?
> At least in the US, health care costs in old age are unpredictable and nonlinear.
We have a few people in my family that retired early and many simply use free medicaid since they have no income (well no reportable income). Like it or hate it, the United States is quite generous if you correctly categorize yourself. In my experience, people usually don't seek out the social safety net because they're convinced it doesn't exist.
At 65, you get medicare pretty universally. Yes I know it doesn't cover some things.
It’s the biggest complication in trying to make early-retirement numbers work. The solution I’ve read for some FIRE bloggers (especially the “just barely spend anything, it’s so easy to FIRE!” sort who usually turn out to be making it work by having three part-time jobs, including blogging about FIRE for affiliate income) is they just plan to get a corporate job again if anyone in their family gets seriously ill, which… is making some risky assumptions, I think.
I can’t fault anyone who finds an out and takes it. But to hoard — say — several lifetimes of wealth, that’s something else.
(Lambast them for the job they did, if they did a terrible job. Not for getting out of the game)
The professionally shot skateboarding photos really don't help make her relatable in any way. Most people at 44 probably don't get on a skateboard because they know one good injury could bankrupt them and leave them homeless.
Your motivations are not, generally, the same as everyone's.
"When she became concerned, I used Monopoly as a comparison, so, for her, Mommy is playing real-life Monopoly now."
I wonder if she remembers that only one person wins in Monoploy and that happens when everyone else is bankrupt.
I think she could have focuses this article on how she was going to use the fruits of her hard work (and good luck) to improve her community and/or the world.
"Woman calls from Ivory Tower: I am Superior!"