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Believing you will retire before you die now requires the same faith as believing in heaven (lemy.lol)
submitted 9 months ago by to c/showerthoughts@lemmy.world
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Just believe and a small percentage of you will certainly make it.

Ignore you are 70 and still renting, ignore that rules to enter are constantly changing.
Just believe, cause one day you will be so sick and close to the end that you will have to.

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[–] 2 points 9 months ago (13 children)

I don't need to believe I know. I put in the work I got the qualifications. And as long as I don't do anything stupid it is impossible for me to fail.

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  • [–] 3 points 9 months ago (3 children)

    Fun fact: you're not in control.

    You can do everything right and oopsie the USD tanks. Hyper inflation. Womp womp.

    Just don't put it on yourself with regard to it going tits up.

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  • [–] -1 points 9 months ago (2 children)

    I think you misunderstand how investment works. My retirement is tied up in assets, not dollars, so it will float with any governmental shenanigans. And, those assets are global. Your theory only holds up if you have cash.

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  • [–] 3 points 9 months ago* (last edited 9 months ago)

    The world uses the USD as a global financial standard.

    If it tanks or the world switches to the yuan as a global reserve...

    Assets protect you from inflation, not from systemic risk.

    I think you misunderstand how investments work.

    So again, fun fact: you're not in control.

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  • [–] [S] 1 point 9 months ago (4 children)

    as long as I

    Oof, and everyone else too it seems.

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  • [–] 0 points 9 months ago* (3 children)

    Ohh no everyone else is fucked. I'm just privalleged as shit with the cards stacked in my favour. Good luck out there I'll give u a wave from my ivory tower once I get their.

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  • [–] [S] 1 point 9 months ago (2 children)

    No my point is that your gonna need everyone else to not be stupid too.
    All it takes is someone else in your ivory tower starting an apartment fire and that they didnt design fire exits or suppression strategies cause it would impact the look of it.
    No one does anything alone in this world. The rest of our stupidity rubs off eventually on your life.

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  • [–] 1 point 9 months ago (1 child)

    Wealth insulates you from everyone else's idiotic behaviour. But ur right I need to take care to insulate from other people stupid behaviour better. No single points of failure and make everyone disposable. I'll keep that in mind moving forward.

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