Average SD family 2000 vs 2010

[CA renter]

You’re right, most techies did not save up, but some did. I had one particularly frugal friend who was able to live off his money for about 2-3 years while unemployed, and then for a couple more years while he took on lower-paying jobs and worked his way back up again. He’s had to live in four different states over the past ~5 years to get back up there, though.

Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.

[an]

[quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.

[an]

[quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.

[an]

[quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.

[an]

[quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.

[an]

[quote=CA renter]
Yes, you might think that 10X assets would let you retire, but when the Fed is destroying your purchasing power they way they are today, you’ll see how tenuous that feeling of security is. IMHO, this currency debasement is one of the most frightening aspects of our economy today.[/quote]
My requirement of retirement is to be able to live off the interest. So, as long as the currency debasement pair up w/ safe investments yielding at the rate of inflation, then I think I should be OK. Especially with a house and car paid off. The rest of the expenses are chump change.

[an]

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[carlsbadworker]

[quote=CA renter]
I don’t know a single person, personally, who feels better about the economy today than 10 years ago. Not one.[/quote]

I definitely feel better today than 10 years ago because with all the drama unfolding before my eyes, I finally have a better understanding about how the game is played.

[carlsbadworker]

[quote=CA renter]
I don’t know a single person, personally, who feels better about the economy today than 10 years ago. Not one.[/quote]

I definitely feel better today than 10 years ago because with all the drama unfolding before my eyes, I finally have a better understanding about how the game is played.

[carlsbadworker]

[quote=CA renter]
I don’t know a single person, personally, who feels better about the economy today than 10 years ago. Not one.[/quote]

I definitely feel better today than 10 years ago because with all the drama unfolding before my eyes, I finally have a better understanding about how the game is played.

[carlsbadworker]

[quote=CA renter]
I don’t know a single person, personally, who feels better about the economy today than 10 years ago. Not one.[/quote]

I definitely feel better today than 10 years ago because with all the drama unfolding before my eyes, I finally have a better understanding about how the game is played.

[Author]

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