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Live frugally and retire early
- deleted 8y ago[deleted]
- deleted 8y ago[deleted]
- rekre23 8y agotesting
- ggm 8y agoI am very tempted by many of the messages in this, and as a 57 year old nearing the end of his career trajectory (it is unlikely to be upward from this point, although it may have to be onward..) I've been pointed at 'the barefoot investor' which sells a story of deciding to live on radically less than often promoted by the retirement industry. But here's the thing: a model of low income sustained living removes you from economic engagement. If we all do this, we remove ourselves from the tax providing side of the equation which drives much of the social infrastructure needed to sustain a socially equitable lifestyle for all of us. We can only all live frugal, if we agree to the consequences of reduced economic activity. Otherwise, its quite dis-equilibriating to hoard capital, and dribble it out to sustain a life. Thats not actually going to help. Bit from box A, bit from box B.