I would like to hear more about this: “But you have to worry about inflation and confiscation”. I get the inflation, but what kind of confiscation do you think is possible. Good post about living within your means and also good info. from Bearish about some of the other issues that affect quality of life retirements.[/quote]
Actually, Aecetia, “extraction” would have probably been a better word to use. As in codifying more and more hits to wealth/profits for nearly any endeavor one undertakes via fees, fines, litanies of new requirements and excessive obstacles that can be overcome only by churning work for third parties, public and private.
