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Alternative title: Wealthy individual gets to retire early while you, the proletariat, get to suffer under the 9-5 thumb, crushed by the system the wealthy cre
by nullindividual 2y ago
Alternative title:
Wealthy individual gets to retire early while you, the proletariat, get to suffer under the 9-5 thumb, crushed by the system the wealthy created. Enjoy, suckers!
- testfoobar 2y agoNarcissism is easy to spot among a lot of the "elite"...
- anon291 2y agoearly retirement is pretty much entirely about spending. Given this forum's topic, about 100% could retire early if they're happy with their current lifestyle.
- alex_lav 2y agoWhat an out of touch comment
- testfoobar 2y agoAt least in the US, health care costs in old age are unpredictable and nonlinear. Long term care - where in an assisted living facility - or in home nursing can get expensive to the point of depleting savings of even reasonably wealthy people.
- anon291 2y agoLong term care insurance is a thing and required in some states. > At least in the US, health care costs in old age are unpredictable and nonlinear. We have a few people in my family that retired early and many simply use free medicaid since they have no income (well no reportable income). Like it or hate it, the United States is quite generous if you correctly categorize yourself. In my experience, people usually don't seek out the social safety net because they're convinced it doesn't exist. At 65, you get medicare pretty universally. Yes I know it doesn't cover some things.
- Suppafly 2y agoThe medicaid route is fine as long as you are willing to sign over everything you own once you need any kind of longish term in-patient or nursing home type care. At that point you'll never live on your own again because once you sign everything over you'll never be in a position to own anything again.
- vundercind 2y agoSo are healthcare costs in middle age. It’s the biggest complication in trying to make early-retirement numbers work. The solution I’ve read for some FIRE bloggers (especially the “just barely spend anything, it’s so easy to FIRE!” sort who usually turn out to be making it work by having three part-time jobs, including blogging about FIRE for affiliate income) is they just plan to get a corporate job again if anyone in their family gets seriously ill, which… is making some risky assumptions, I think.
- mvdwoord 2y agoNot here it isn't. Inflation and taxation can't be unspent... :(
- beaeglebeachh 2y ago[dead]
- nubb 2y agomaybe it’s hard for these exec types to understand that the subordinates they thought loved them actually despise them. then they write articles like this.
- flawsofar 2y agoDon’t hate the player, hate the game. I can’t fault anyone who finds an out and takes it. But to hoard — say — several lifetimes of wealth, that’s something else.
- sourcepluck 2y agoVery nice. Another: "Woman calls from Ivory Tower: I am Superior!"
- TheRealPomax 2y agoWe all got into this career in the hopes of making more than just a living wage and retiring early. This person worked hard, made money (quite a bit of it) and then got out when they realized they could. Pretty much exactly what anyone you ask will say they hope for. Lambasting them for them for then posting "I did it" is pretty weird. (Lambast them for the job they did, if they did a terrible job. Not for getting out of the game)
- anon291 2y agoIt's crabpot mentality
- amiantos 2y agoIt doesn't help her case that I think most people doing the work in the trenches think that the C-suite people just sit around drinking and laughing together all day (which is my impression of C-suite people, they just had the money already so they got to be C-suite), so it doesn't feel likely to most readers that she actually worked very hard for what she got. The professionally shot skateboarding photos really don't help make her relatable in any way. Most people at 44 probably don't get on a skateboard because they know one good injury could bankrupt them and leave them homeless.
- mypalmike 2y ago> We all got into this career in the hopes of making more than just a living wage and retiring early. Your motivations are not, generally, the same as everyone's.
- SkipperCat 2y agoHere's my favorite zinger of the article: "When she became concerned, I used Monopoly as a comparison, so, for her, Mommy is playing real-life Monopoly now." I wonder if she remembers that only one person wins in Monoploy and that happens when everyone else is bankrupt. I think she could have focuses this article on how she was going to use the fruits of her hard work (and good luck) to improve her community and/or the world.
- angarg12 2y agoI'm the same age than OP, but spent most of my adult life living paycheck to paycheck. I have only obtained a comfortable income and bumped up the class ladder during the last couple of years, when I finally moved to the US working for Big Tech. I don't know what is the point of this article other than a humblebrag. What should the takeaway for people struggling to make ends meet while working bad, low paid jobs be? Should I feel bad that I'll never get to retire before 40 because I didn't ride the high income wave since my 20s?