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A lot of people seem to be attacking his numbers and his advice etc. But even if his explanations and suggestions are complete bunk, the fact that he's doing it
by habitue 11y ago
A lot of people seem to be attacking his numbers and his advice etc. But even if his explanations and suggestions are complete bunk, the fact that he's doing it serves as an existence proof that this kind of life is achievable. So if you're attracted to this kind of life, take it as evidence that not everyone works forever, and you can figure out how to do it too.
- anon1385 11y ago> the fact that he's doing it serves as an existence proof that this kind of life is achievable Real life lottery winners prove that winning the lottery is achievable. That doesn't make playing the lottery good financial advice.
- Artistry121 11y agoBut... he provides somewhat actionable advice that helps get there. The lottery example you provide is one in which even the winners can't give good advice on how to win.
- zajd 11y ago> the fact that he's doing it you mean the fact he says he's doing it... which is worthless
- Ollinson 11y agoWe know that the output which describes his life is true but the details of the input are dodgy at best. The input in this case matters a lot.
- mikeash 11y agoAre people unaware that early retirement is a real thing that happens to real people? I thought everybody already knew that it was possible in theory to retire early and spend a big chunk of your life not working. The hard part is figuring out how. The article's implicit advice of "get a highly paid job as an executive at a big company, and find investments which reliably return 10%" is useless for that.