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  1. Comment on <deleted topic> in ~finance

    ggm
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    Scott Pape, the barefoot investor councils trying to reframe your life to lower income levels and not simply driving yourself into the ground chasing high income lifestyle. It is advice aimed at...

    Scott Pape, the barefoot investor councils trying to reframe your life to lower income levels and not simply driving yourself into the ground chasing high income lifestyle. It is advice aimed at the forty and fifty somethings looking at the sixty plus age group. By that stage you have usually cleared mortgage, and do not need to spend as much on things but do spend on health and experiences.

    I don't seek to contradict the 30x multiplier mentioned here. I just note nobody lives forever. Most worldwide pension and superannuation schemes use actuarial models to draw down capital for a reason.

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