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I always thought my goal should be to become a millionaire by the time I am 30. Failing that, put money away in a pension plan in a serious way. Then 30 happe
by kokey 14y ago
I always thought my goal should be to become a millionaire by the time I am 30. Failing that, put money away in a pension plan in a serious way.
Then 30 happened and I was a millionaire, in the currency I grew up with and that wasn't worth much (average annual senior tech salary in a 1st world city). Expectations change, as well as the understanding of money, inflation, etc. Most importantly, that it's cheaper to hedge your bets earlier rather than later.
- GFischer 14y agoIt could be worse :) you reached your goal ! Now the goalposts have moved. For comparison, I'm 31, and my net worth is about 10.000 dollars :P . I definitely made a lot of suboptimal decisions along the way, but I think I'm finally on my way up. While I'm a nonbeliever (no afterlife for me), I think that the blog post misses the "experienced happiness vs remembered happiness" point that people like Kahnemann and others have talked about: http://www.ted.com/talks/daniel_kahneman_the_riddle_of_experience_vs_memory.html http://www.ted.com/talks/daniel_kahneman_the_riddle_of_exper... http://www.psychologytoday.com/blog/the-good-life/201010/experienced-happiness-and-remembered-happiness-having-it-both-ways http://www.psychologytoday.com/blog/the-good-life/201010/exp...