3 ms·
> In most cases, you're further advanced in your career when older, giving you more income, thereby more purchasing power. In practice, when people get 'furthe
by rwallace 12y ago
> In most cases, you're further advanced in your career when older, giving you more income, thereby more purchasing power.
In practice, when people get 'further advanced' in a career over the years, their spending typically drifts up to match any increases in income (or to match the spending of their peers, which typically amounts to the same thing) so they don't really end up with more money. You can always plan on being an exception, to be sure, but I think it's a good idea to be very wary of planning on being an exception.