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But it's unlikely that benefit exceeds the compounding value of finishing the same amount of school two years earlier. Best I can tell, all that compounding va
by sliverstorm 12y ago
But it's unlikely that benefit exceeds the compounding value of finishing the same amount of school two years earlier.
Best I can tell, all that compounding value gets you one thing: more money in retirement. Therein lies my objection; letting your retirement dictate your first 65 years of life seems like folly.
- onedev 12y agoI'm going to retire when I'm dead.
- happyscrappy 12y agoTo quote Thoreau: "This spending of the best part of one's life earning money in order to enjoy a questionable liberty during the least valuable part of it reminds me of the Englishman who went to India to make a fortune first, in order that he might return to England and live the life of a poet. He should have gone up garret at once."
- Domenic_S 12y agoIt makes perfect sense to me. Choose the retirement you want based on the early life you want. IOW, choose your desired outcome based on the type of effort you want to put in up front. Your retirement only "dictates" inasmuch as you've decided that your retirement should be one way or the other.