*Not buying the AI-pocalypse here, but it's easy to imagine a plausible future where "investing for retirement" is useless, because dotcom-bubble / AIbubble futurism.com/ai-experts-n...
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Dan Ellsberg, in The Doomsday Machine, says that while he worked as a nuclear war analyst at RAND in the 1960s, he opted not to save for retirement, because he didn't think the world would get to a place where he could ever cash in. I was impressed by that — putting his money where his mouth is.
sep 1, 2025, 8:13 am • 0 0 • view
I will say that I suspect that MANY people my generation (Xennial) and younger do not expect social security or even private retirement portfolios to necessarily be there when we might need them in +20 years. We've been weaned on economic collapse and ladders being pulled up.
sep 1, 2025, 8:13 am • 0 0 • view
But I suspect we still pay into the portfolios if we can, because, you know, you've gotta be optimistic at some level, I guess, and it's pretty automatic. But I wonder how many are actively "saving for retirement" in any way that is not automatic.
sep 1, 2025, 8:13 am • 0 0 • view
Which, of course, could create its own economic catastrophe 20 years down the line... catastrophes all the way down!
sep 1, 2025, 8:13 am • 0 0 • view