How much COULD they drop? Obviously, to zero. We could have a communist revolution. We could create superintelligent AI, robotics, and limitless free energy that eliminates scarcity and we transition to an entirely different kind of economy. We could lose an existential war.
How much is it worth planning around? Probably a 50-60% drop. That's about as big as drops have been since the great depression. You have to pick how low probability of financial risks you want to plan against vs other kinds of risks. Saving more or working harder for longer has opportunity cost, and you can never eliminate all risk.
How much is it worth planning around? Probably a 50-60% drop. That's about as big as drops have been since the great depression. You have to pick how low probability of financial risks you want to plan against vs other kinds of risks. Saving more or working harder for longer has opportunity cost, and you can never eliminate all risk.
Statistics: Posted by DonIce — Wed Sep 18, 2024 11:37 pm — Replies 91 — Views 5576
