4 ms·

I’m not sure you’re thinking this through completely… if startups’ funding goes away, do you think the market for startup engineers might not stay so strong?

• Sebb767 4y ago
  Depends on your lifestyle. If you spend all that money, it will be a problem. If you enjoy a bit of luxury while it lasts and save 50%+, you'll enjoy riding the wave and won't mind the inevitable crash as much.
  • ericd 4y ago
    Sure, it can be more, or less of a problem. I've always done what you describe, and it's helped immensely in terms of not being too worried about this kind of thing. But even with a 50% savings rate, you might still prefer to not be out of work :-)
    • Sebb767 4y ago
      Obviously, anyone want's to keep making good money :) But if you successfully avoided lifestyle inflation, a drop won't hurt as much and you've probably taken some proper savings from the good years, so the benefits (like earlier retirement) will last.
  • shostack 4y ago
    Hopefully you're accounting for inflation and asset price drops.
    • Sebb767 4y ago
      I assume anyone having a savings rate that high will have solid and diversified investments.
      • mkl95 4y ago
        This. At this rate I would be financially independent by my late 30s. I'm expecting the bubble to burst before that though.