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> Simply put away a little every month in an automated fashion and things will generally be okay The perpetually growing economy on which this strategy and ass
by walleeee 3y ago
> Simply put away a little every month in an automated fashion and things will generally be okay
The perpetually growing economy on which this strategy and associated worldview are based is not a safe assumption
- throw0101a 3y ago> The perpetually growing economy on which this strategy and associated worldview are based is not a safe assumption Why not? What is the counter-factual (i.e., what should we assume instead and what actions should be taken)? How do I organize my life, finances, and retirement investments otherwise?
- ericmcer 3y agoNeither is assuming it is going to come tumbling down all of a sudden. Bears have lost out over and over barring a handful of lucky and well timed bets. So far the economy growing during your lifespan has been the correct assumption.
- AeiumNE 3y agoWhy not? It doesn't ultimately require increasing resources extraction. Increasing efficiency or technological capability could have the same outcome