4 ms·
Are you aware of the fact that your anecdotal evidence from the fifties may no longer be pertinent? Have you seen what happened to wages since then? To the cos
by disintegore 7y ago
Are you aware of the fact that your anecdotal evidence from the fifties may no longer be pertinent?
Have you seen what happened to wages since then? To the cost of living? To the cost of homes?
- war1025 7y ago"People in their fifties" not "People from the fifties"
- blaser-waffle 7y agoFIRE is still a thing even today; for example Mr. Money Mustache talks about this all the time: https://www.mrmoneymustache.com https://www.mrmoneymustache.com Your point about wages stands, but even in the 50s there was no way the lower strata would have been able to retire early -- let alone retire at all -- or accumulate great wealth. > To the cost of living? To the cost of homes? COL and housing prices are not uniform. FIRE is going to be hard in San Fran even as a full-time Dev, but if you're making $85k in Des Moines it might be well within reason.
- wolfgang42 7y agoIn their fifties, so born in the 1960s and probably started their retirement fund in the '80s or so. (Not that things also haven't changed since then, but it is a pretty big difference.)
- disintegore 7y agoBig tunnel vision moment on my part.
- mcguire 7y agoBorn 1968, never made more than $80k/yr until 2011, resigned 2014 (came back very part time because there's something wrong with me, 2017). Started saving and investing 1990.
- pathseeker 7y agoWow, learn to read. >I know a couple of people in their fifties