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0 pointsselestify4y ago0 comments

My main worry is that I won’t save enough for hard times in the future if I’m living organically without much future planning. Have you ever had fears like that?

0 comments

devangs4y ago

Ultimately, it depends on the type of risks you’re trying to mitigate and the type of skills you have to earn again.

If you’re a software developer (or a plumber or a CPA etc) you can always get back into the workforce after some amount of time. If it takes you 1 year to leetcode and find a new job, you just need to keep 1 year of expenses as cash on hand.

Tail risk is a different story, but you can spend your whole life working and not save enough to handle all tail end scenarios

j / k navigate · click thread line to collapse

0 comments

devangs4y ago

Ultimately, it depends on the type of risks you’re trying to mitigate and the type of skills you have to earn again.

Tail risk is a different story, but you can spend your whole life working and not save enough to handle all tail end scenarios

j / k navigate · click thread line to collapse