>I can much more readily leverage my intellectual and social capital if I have cash in hand and that will almost certainly result in a better outcome at retirem

>I can much more readily leverage my intellectual and social capital if I have cash in hand and that will almost certainly result in a better outcome at retirement. I doubt it. Would you have predicted the rise of HelloFresh, Snapchat, Uber, 20 years ago? Really doubt it. Besides, not all people in the world (read: everyone but you) is this "smart", especially about delayed gratification. Hell! I recently wrote a small paper and I found some striking results that almost 40% of Americans start saving for their pensions after 40! That is way way way too late. I studied actuarial sciences and around 80% of your final retirement savings is due to accrued interest. It's huge.