by magneticnorth on 11/11/21, 4:59 PM
A little bit in the same vein, I'm a big fan of the "rich, broke, or dead" retirement calculator - in addition to telling you the odds your money will run out by age X, it includes the odds you'll be dead by then. I feel like it helps me put my retirement savings in a bit better perspective, as someone who also doesn't want to work in a corporate job until I die.
https://engaging-data.com/will-money-last-retire-early/
An important caveat: the probabilities are based on historical back-testing, and the degree to which the past accurately predicts the future is difficult to estimate.
by adamredwoods on 11/11/21, 5:15 PM
They should define death-aware career plan a little better. This seems to be an investment driven piece for someone with plenty of money.
I don't feel NFTs or crypto are logical choices, feels like gambling. I would rather incrementally invest in ETFs, and/or start a business that I have a little more control over. If you want work to be worthwhile, consider helping non-profits. You will be paid less, but the goal is altruistic, not money.
by Traster on 11/11/21, 6:13 PM
It took me a couple of read-throughs of this to really see what he's trying to say about NFTs, and (having been skeptical elsewhere about NFTs) I kind of understand what he's saying. He thinks that everyone is obsessed with NFTs, he thinks he has wisdom to share, by packaging up his wisdom into NFTs he can smuggle his wisdom to a wider audience. Am I getting that right? If that really is what he's doing I think it fits much better into a conversation about how you do stuff that interests you whilst still working, than in a conversation aobut financial freedom.
by roughly on 11/11/21, 5:48 PM
I feel like the thing missing or not conveyed here is a purpose. Between my last job and the current one, I took a lot of time off to figure out what I was doing and why - more broadly, what is the purpose of my life? What is the impact I want to have in my limited time here?
I found an answer to that, and it's made all the difference for me - I know why I'm doing what I'm doing, I know that my work makes a difference, and that makes the rest of this much easier. If I suddenly had $50M, I would still be working in the space I'm in.
Simultaneously, it's given me balance. I don't have the same frantic energy I had before - I'm doing meaningful work, I'm in this for the long haul, and I can't do this alone, so I can pace myself instead of panicking that I need to keep studying so I can reach my next career milestone.
The philosophers were right - find your meaning.
by gota on 11/11/21, 10:05 PM
Side comment - the visualization linked from flowingdata is absolutely cool (and to me much more interesting than the linked article)
https://flowingdata.com/2015/09/23/years-you-have-left-to-li...
I wish there was a dashboard where you could input more data about yourself (diet, habits, family health history, location) and watch the animation change accordingly
by excalibur on 11/11/21, 7:15 PM
> A dollar today is worth infinitely more to me than a dollar after I’m dead.
Either you're single or you're about to be.
by actually_a_dog on 11/11/21, 5:56 PM
Hypothetically, where would "societal collapse" fall in this framework? I'm thinking that you'd just consider it the same as "sudden death," if it happens, assign it a prior probability distribution, update that prior every year or so, and act accordingly.
by rhv on 11/11/21, 6:40 PM
There is one thing that might change the time value calculation and make a big payoff in decades be worth much more than a dollar today. That would life/health extension technology & medicine. When it starts becoming available, it will cost millions.
by black_13 on 11/12/21, 8:10 AM
What the fuck is a scaler?
by jimbokun on 11/11/21, 4:18 PM
I'm actually slightly surprised Kent Beck is not financially independent at 60. I would have assumed he had gotten some equity somewhere along the way that would have had a big upside.
by bla3 on 11/11/21, 4:15 PM
Not sure NFTs should be part of your retirement plan.
by tengbretson on 11/11/21, 4:48 PM
It seems odd that a discussion about facing your death would contain more references to NFTs than to your family.
by taraskuzyk on 11/11/21, 4:11 PM
anyone else getting 404 not found on the article? clicking the link redirects me to HN. not surprised if everyone who upvoted so far just saw the title and the username :)