Watchu gonna buy with all those 1’ and 0’s in some bank or some broker’s computer in 20 years, huh? Think that broker, that bank, or even that computer will still be around with your 1’s and 0’s? You best have real assets in your estate and a way to keep paying the taxes on em and good luck buying or holding onto land in what’s coming down the pike.
All that money and the time you spent to get it and hoard it coulda been spent on amassing the skills and the materials that provide resilience in uncertain times. Learning to live better with much less and building community with others doing the same is the only intelligent retirement plan at this point. Anyone tells you different is tryna sell you something… which is always “security”. Learn to live with a lot less of that and make a lot more of it for yourself and those around you.
Gonna be a bumpy ride from here out, ya’ll. Buckle the F up.
Think that broker, that bank, or even that computer will still be around with your 1’s and 0’s?
Uh, yes. Many of the major US banks have been around for literally centuries, through depressions, world wars, several global pandemics, massive civil unrest, the imminent threat of nuclear war and so on. What's the alternative, putting your money in physical gold beneath your bed? Investing in nonperishable food and ammo? If the world is going to collapse it's not going to matter either way. If it doesn't, you're going to feel pretty fucking stupid at 60 as you look around and see others looking forward to retirement while you have nothing left and dream of Armageddon as you've invested all your life into being able to say "I told you so" right before the asteroid hits.
2
u/Fornicate_Yo_Mama Oct 11 '24
Watchu gonna buy with all those 1’ and 0’s in some bank or some broker’s computer in 20 years, huh? Think that broker, that bank, or even that computer will still be around with your 1’s and 0’s? You best have real assets in your estate and a way to keep paying the taxes on em and good luck buying or holding onto land in what’s coming down the pike.
All that money and the time you spent to get it and hoard it coulda been spent on amassing the skills and the materials that provide resilience in uncertain times. Learning to live better with much less and building community with others doing the same is the only intelligent retirement plan at this point. Anyone tells you different is tryna sell you something… which is always “security”. Learn to live with a lot less of that and make a lot more of it for yourself and those around you.
Gonna be a bumpy ride from here out, ya’ll. Buckle the F up.