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Pretty much no one who advocates for effective biological immortality also argues that you should be forced to live forever against your will. So while it can b
by Jach 5y ago
Pretty much no one who advocates for effective biological immortality also argues that you should be forced to live forever against your will. So while it can be fun to speculate on such, as it can be fun to look at torture methods (the video game Amnesia has a good section on this), it shouldn't be mistaken for people advocating for such.
The ridicule the comment made is for a mindset that actually happens right now, talk to some retired boomer relatives. A lot of them have had actuarial consultations and some of those are treating it almost like gospel, like the other comment wishing he could do the same given 23andMe reporting. This leads to them depleting their savings (mostly held up in "safe" investments that aren't expected to grow or shrink much over the relevant timespan) at some rate so that it gets close to $0 by the time they can expect to die. Some older people have already made it long enough to go past that point, and they get into the same situations that retirees without any savings get into. i.e. you hear about old ladies subsisting on dog food because their only source of income is a small social security check.
A better mindset is the one used by the FIRE crowd, which applies just as well if you're "retired" at 30 or 60: recognize index funds are not just pretty safe but also give a pretty high confidence minimal rate of return, plan for average x% returns per year, and don't withdraw more than x% for income, so that your savings never decreases but in fact increases. This way you can retire whenever your savings hits the right number to support your required income indefinitely, rather than retiring when your savings hits the right number to provide income only for the next X years until you die.
(I shouldn't have to say it but will: this is a theoretical optimal modeling strategy, reality will be messier, any real plan should analyze possible setbacks and ways to deal with them -- the easiest way typically being to seek work again for some period of time, which tends to be easier the more biologically young you are. And of course, regardless of biological immortality or whatever, you could be an unlucky passenger in a car driving down the freeway when a random brick from a truck in the oncoming lane comes loose and collides with your head.)