Quote:
Originally Posted by Porsche-O-Phile
Fkin A brother...
I do have a copy of that book and while it makes some good points, the jist of it is "live miserably so you can continue to live miserably after you retire - since you're used to it, you won't notice the difference".
No thanks.
I'll live as much as I can now before I'm too old, take a few risks, etc. but also sock some money away when and where I can, try to invest if and when I can and do the best I can to cultivate multiple revenue streams - SS, a pension, some stock funds, a 401k, whatever I get from continuing to do occasional projects (I doubt I'll ever completely stop working - I'd get too bored, I just want to work a lot less and on my own terms because I want to - not because I have to).
I don't consider living like a pauper an option. I'm only getting to do life once - I'd like it to not suck.
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This ^^^^is the mentality that most Americans have had for the past 50 years and is why the shyte is going to hit the fan. It has been the previous generations that lived "miserably" so that they could have something in hard times or when they were too old to work. U see those folks knew just how miserable and frightened you become when you don't have anything to eat or a roof over your head. So they worked hard, lived frugally and saved their money. That is how America got rich, so that now Americans just can't seem to deny themselves anything. That is until the music stops and then they will realize what it is to be cold, hungry and scared because they don't know where their next meal is gong to come from.