It's really hard for me to understand that people who have the chance to achieve basic financial independence (say $1M net worth) don't take that chance and make sure to stay financially independent forever.
If you do that, you're almost guaranteed to stay in the top 2% globally for the rest of your life. You've made it in life, at least financially.
The approach of not taking advantage of the lucky and privileged situation exposes you to a huge risk that your NW will go down to zero and you never get a second chance.
If you do that, you're almost guaranteed to stay in the top 2% globally for the rest of your life. You've made it in life, at least financially.
The approach of not taking advantage of the lucky and privileged situation exposes you to a huge risk that your NW will go down to zero and you never get a second chance.