The largest pitfall is definitely housing. He mentions not wanting to own a home. He also must accept that rent rises faster than inflation, and he may have to

The largest pitfall is definitely housing. He mentions not wanting to own a home. He also must accept that rent rises faster than inflation, and he may have to move every few years to cheaper and cheaper places to keep things balanced. If you can’t guarantee you’ll be able to stay in your community, with your friends and family, for the rest of you days, what’s the point? Moving sucks. Not being able to eliminate moving is a huge lifestyle and stress liability.