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  3. Would you retire at 30 and live frugally?

Would you retire at 30 and live frugally?

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  • M [email protected]

    Damn, sounds like a dream

    M This user is from outside of this forum
    M This user is from outside of this forum
    [email protected]
    wrote last edited by
    #95

    A dream with spiders.

    1 Reply Last reply
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    • M [email protected]

      If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

      F This user is from outside of this forum
      F This user is from outside of this forum
      [email protected]
      wrote last edited by
      #96

      I don't know if that's morally right. I may pick a job though (or even volunteer!) that I enjoy more than one that pays, but I still think someone who is healthy and able to should still contribute to society.

      grrgyle@slrpnk.netG B B 3 Replies Last reply
      2
      • F [email protected]

        I don't know if that's morally right. I may pick a job though (or even volunteer!) that I enjoy more than one that pays, but I still think someone who is healthy and able to should still contribute to society.

        grrgyle@slrpnk.netG This user is from outside of this forum
        grrgyle@slrpnk.netG This user is from outside of this forum
        [email protected]
        wrote last edited by
        #97

        I'm not sure how I feel about this answer, but on a personal level I share your feeling—that I should be contributing something to my community.

        Although when I think of most of my interactions with the people who actually live around me, almost none of them are done for money.

        So maybe retiring isn't so much of an end to contributing to society as it is an end to contributing to private equity, et al.

        F 1 Reply Last reply
        1
        • grrgyle@slrpnk.netG This user is from outside of this forum
          grrgyle@slrpnk.netG This user is from outside of this forum
          [email protected]
          wrote last edited by
          #98

          Which 70 year old does either for that matter

          1 Reply Last reply
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          • M [email protected]

            If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

            A This user is from outside of this forum
            A This user is from outside of this forum
            [email protected]
            wrote last edited by
            #99

            Nope, 65% of what I make now is barely subsistence. It would be nice for a few months, but quickly become boring

            1 Reply Last reply
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            • F [email protected]

              I don't know if that's morally right. I may pick a job though (or even volunteer!) that I enjoy more than one that pays, but I still think someone who is healthy and able to should still contribute to society.

              B This user is from outside of this forum
              B This user is from outside of this forum
              [email protected]
              wrote last edited by
              #100

              You'd still be paying sales tax, income tax, property tax and presumably participating in voting. Plus you'd be opening up a job for another person. All of that is contributing to society, imo.

              I'd probably still volunteer for something. As a retired person, there are a lot of hours to fill!

              F 1 Reply Last reply
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              • F [email protected]

                I don't know if that's morally right. I may pick a job though (or even volunteer!) that I enjoy more than one that pays, but I still think someone who is healthy and able to should still contribute to society.

                B This user is from outside of this forum
                B This user is from outside of this forum
                [email protected]
                wrote last edited by
                #101

                Working thanklessly for slave wages to make Sociopathic Oligarchs or Corporations rich is not "morally right," or "contributing to society," it's playing your non-disruptive role in THEIR society.

                Traveling the world, exchanging cultures, etc. contributes far more to the world than being a tiny cog getting worn down and used up over a lifetime in some oligarch's machine.

                "Morally right?" JFC, get a fucking clue. How is it morally right to contribute to a MAGA Nazi society? Burn it the fuck down.

                F 1 Reply Last reply
                4
                • B [email protected]

                  Working thanklessly for slave wages to make Sociopathic Oligarchs or Corporations rich is not "morally right," or "contributing to society," it's playing your non-disruptive role in THEIR society.

                  Traveling the world, exchanging cultures, etc. contributes far more to the world than being a tiny cog getting worn down and used up over a lifetime in some oligarch's machine.

                  "Morally right?" JFC, get a fucking clue. How is it morally right to contribute to a MAGA Nazi society? Burn it the fuck down.

                  F This user is from outside of this forum
                  F This user is from outside of this forum
                  [email protected]
                  wrote last edited by
                  #102

                  I didn't mention sociopathic oligarchs or sociopathic corporations. Not every business is a sociopathic corporation.

                  "Morally right?" JFC, get a fucking clue. How is it morally right to contribute to a MAGA Nazi society? Burn it the fuck down.

                  Ah yes, because the USA is the only country with internet access. No wonder you elected trump if you yanks are this reactionary.

                  B 1 Reply Last reply
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                  • B [email protected]

                    You'd still be paying sales tax, income tax, property tax and presumably participating in voting. Plus you'd be opening up a job for another person. All of that is contributing to society, imo.

                    I'd probably still volunteer for something. As a retired person, there are a lot of hours to fill!

                    F This user is from outside of this forum
                    F This user is from outside of this forum
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                    wrote last edited by
                    #103

                    Valid reasoning. The volunteering option if you're financially self sufficient is probably the best option, in light of this.

                    1 Reply Last reply
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                    • grrgyle@slrpnk.netG [email protected]

                      I'm not sure how I feel about this answer, but on a personal level I share your feeling—that I should be contributing something to my community.

                      Although when I think of most of my interactions with the people who actually live around me, almost none of them are done for money.

                      So maybe retiring isn't so much of an end to contributing to society as it is an end to contributing to private equity, et al.

                      F This user is from outside of this forum
                      F This user is from outside of this forum
                      [email protected]
                      wrote last edited by
                      #104

                      I was morseo talking about retiring at 30. I still think we have a moral obligation to each other to work, if you're well and able.

                      grrgyle@slrpnk.netG 1 Reply Last reply
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                      • M [email protected]

                        If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

                        venus_ziegenfalle@feddit.orgV This user is from outside of this forum
                        venus_ziegenfalle@feddit.orgV This user is from outside of this forum
                        [email protected]
                        wrote last edited by
                        #105

                        No, work is nice tbh. I might do 35 hours instead of 40 a week at some stage but full on retirement at 30 doesn't sound appealing at all to me.

                        1 Reply Last reply
                        1
                        • F [email protected]

                          I didn't mention sociopathic oligarchs or sociopathic corporations. Not every business is a sociopathic corporation.

                          "Morally right?" JFC, get a fucking clue. How is it morally right to contribute to a MAGA Nazi society? Burn it the fuck down.

                          Ah yes, because the USA is the only country with internet access. No wonder you elected trump if you yanks are this reactionary.

                          B This user is from outside of this forum
                          B This user is from outside of this forum
                          [email protected]
                          wrote last edited by
                          #106

                          No, you didn't mention Oligarchs or Corporations because that would undercut your "moral" argument, so I did.

                          The entire world has been sold the concept that the only "moral" lifestyle is to sacrifice your life to earn barely subsistence wages in the pursuit of obscene wealth for a few wealthy families. That is the 21st century human paradigm across the entire planet, regardless of political ideology. EVERY society is Capitalist in practice, and those that deny it it, are lying. There is not a single nation on this planet who is not dedicated to funnelling vast amounts of money to a few wealthy people in their country.

                          In addition, if we continue on this path, the number of wealthy families benefiting by this system will shrink, until there is only a single family, or perhaps person, who controls the entire planet's wealth. It may take a few generations, but it is inevitable.

                          And yes, ALL corporations are sociopathic, by definition. There are NO exceptions.

                          F 1 Reply Last reply
                          3
                          • F [email protected]

                            I was morseo talking about retiring at 30. I still think we have a moral obligation to each other to work, if you're well and able.

                            grrgyle@slrpnk.netG This user is from outside of this forum
                            grrgyle@slrpnk.netG This user is from outside of this forum
                            [email protected]
                            wrote last edited by
                            #107

                            I'm talking about the same thing, but separating paid work from voluntary work.

                            Just because you aren't working for a company, doesn't mean you aren't working for your community.

                            You're also probably contributing a lot less carbon to the atmosphere, though.

                            F 1 Reply Last reply
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                            • grrgyle@slrpnk.netG [email protected]

                              I'm talking about the same thing, but separating paid work from voluntary work.

                              Just because you aren't working for a company, doesn't mean you aren't working for your community.

                              You're also probably contributing a lot less carbon to the atmosphere, though.

                              F This user is from outside of this forum
                              F This user is from outside of this forum
                              [email protected]
                              wrote last edited by
                              #108

                              Yeah, as long as it's beneficial. I don't think I'd count work where someone may be, for example, building tools to help the rich get richer.

                              1 Reply Last reply
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                              • M [email protected]

                                If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

                                Z This user is from outside of this forum
                                Z This user is from outside of this forum
                                [email protected]
                                wrote last edited by
                                #109

                                I'm not retiring until my house is paid off and I can include at least 1 large vacation a year into my budget. Those two things will probably happen simultaneously, but I've never heard of anyone paying off their mortgage by 30 in my life.

                                1 Reply Last reply
                                2
                                • B [email protected]

                                  No, you didn't mention Oligarchs or Corporations because that would undercut your "moral" argument, so I did.

                                  The entire world has been sold the concept that the only "moral" lifestyle is to sacrifice your life to earn barely subsistence wages in the pursuit of obscene wealth for a few wealthy families. That is the 21st century human paradigm across the entire planet, regardless of political ideology. EVERY society is Capitalist in practice, and those that deny it it, are lying. There is not a single nation on this planet who is not dedicated to funnelling vast amounts of money to a few wealthy people in their country.

                                  In addition, if we continue on this path, the number of wealthy families benefiting by this system will shrink, until there is only a single family, or perhaps person, who controls the entire planet's wealth. It may take a few generations, but it is inevitable.

                                  And yes, ALL corporations are sociopathic, by definition. There are NO exceptions.

                                  F This user is from outside of this forum
                                  F This user is from outside of this forum
                                  [email protected]
                                  wrote last edited by
                                  #110

                                  The entire world has been sold the concept that the only "moral" lifestyle is to sacrifice your life to earn

                                  EVERY society is Capitalist in practice, and those that deny it it, are lying.

                                  I wonder why...

                                  And yes, ALL corporations are sociopathic, by definition. There are NO exceptions.

                                  This you?

                                  D 1 Reply Last reply
                                  0
                                  • M [email protected]

                                    If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

                                    N This user is from outside of this forum
                                    N This user is from outside of this forum
                                    [email protected]
                                    wrote last edited by
                                    #111

                                    i tried and its boring as fuck so i want to work again instead

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                                    0
                                    • M [email protected]

                                      If you had the money to retire at 30, your savings would be invested and on an average year your earnings would cover your expenses. You would have health insurance, so no worries there. The only catch is that you would have to keep your expenses at 65% of what you spend right now. Would you take it, or would you rather work a few more years for a better lifestyle and financial security?

                                      throws_lemy@lemmy.nzT This user is from outside of this forum
                                      throws_lemy@lemmy.nzT This user is from outside of this forum
                                      [email protected]
                                      wrote last edited by
                                      #112

                                      I would, but it's not possible since I don't have millions of dollars in my savings account.

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                                      2
                                      • F [email protected]

                                        The entire world has been sold the concept that the only "moral" lifestyle is to sacrifice your life to earn

                                        EVERY society is Capitalist in practice, and those that deny it it, are lying.

                                        I wonder why...

                                        And yes, ALL corporations are sociopathic, by definition. There are NO exceptions.

                                        This you?

                                        D This user is from outside of this forum
                                        D This user is from outside of this forum
                                        [email protected]
                                        wrote last edited by
                                        #113

                                        We got a real bootlicker vibe going on here.

                                        F 1 Reply Last reply
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                                        • D [email protected]

                                          We got a real bootlicker vibe going on here.

                                          F This user is from outside of this forum
                                          F This user is from outside of this forum
                                          [email protected]
                                          wrote last edited by
                                          #114

                                          Corporations aren't inherently bad. It's the money that corrupts. The love of money is a root of all kinds of evils.

                                          You can run a corporation that provides a good service to society, pay a fair wage and provide good employment locally. However, to make a large corporation, a lot of the time requires the said corruption, you need to fight and cheat your way to the top, cutting corners as well as employee benefits.

                                          D 1 Reply Last reply
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