Why the conventional "American Dream" financial plan doesn't work and everyone needs to evaluate theirs.
These are not my own, but M.J. DeMarco's.
Unspoken Truth #2: If you can't find a job, their plan doesn't work.
Unspoken Truth #3: If a weak economy and a poor stock market doesn't yield 8% for 50 years, their plan doesn't work.
Unspoken Truth #4: You'll likely end up old, disabled, tired, and/or dead before you can enjoy the fruit of retirement.
Unspoken Truth #5: IF you survive 50 years of jobs, your millions will be virtually worthless in today's dollars. (Think rising costs and inflation)
These are not my own, but M.J. DeMarco's.
Unspoken Truth #2: If you can't find a job, their plan doesn't work.
Unspoken Truth #3: If a weak economy and a poor stock market doesn't yield 8% for 50 years, their plan doesn't work.
Unspoken Truth #4: You'll likely end up old, disabled, tired, and/or dead before you can enjoy the fruit of retirement.
Unspoken Truth #5: IF you survive 50 years of jobs, your millions will be virtually worthless in today's dollars. (Think rising costs and inflation)
Quote: (12-30-2011 09:06 PM)hun73r Wrote:
I say retire now. I say fuck the American dream.
Hello.