Say u make 400k, then you want 500k TC, after reaching 500 u want 700, then 1 mil. But 1mil is only 500k after taxes so u want 2 mil, but then 2 mil is only 1 mil after taxes so u want 4m TC, and then you die... so in the end there is really no point to any of this if we will all be dead in 100 years. And you can’t take your money to the grave with you, and it’s incredibly stupid to leave your children with tons of money (so many people on Blind have this desire to leave generational wealth to their kids but google it, so many examples of kids turning out useless. Being poor creates hunger, creates drive. Look at 90% of the billionaires today, they are all self made. It can be done, leaving nothing to your kids is the best thing you can do for them.)
I think you under estimate the advances of medical technology. At a point in the not too distant future we will cure aging. With the wealth divide growing in society, your goal should be to get above the cutoff point of self sustainability with investments alone, so that you end up in the upper class for all time. You grind hard now, have fun where you can, live a good life. But keep in the back of your mind that you may not actually die by 80. You might end up immortal, and then you'd feel pretty dumb if your finances were running out.
I’m up to date on all the latest aging research. Yes some humans being born now may live to 150 years. But immortality? No, not in our lifetime. And most people here are 20+, so we probably won’t make it to 150 either
Then the arguments may apply to your children's life times.
Your wealth gives you power and influence in modern times. You can use it to enact or affect changes you wish to see in our society. In this way your wealth can be used for the greater good, rather than personal acquisition
It does not matter how much you make, if you don’t save some of it, keep in mind that all tech matures and will eventually become a commodity, as that happens, your company’s growth rate will go to zero or negative and you will need to find the next big thing to continue your current comp ...
If you don’t like chasing TC, then just don’t. Nobody is forcing you to advance or even continue your cushy highly-paid choice of career.
TC chasing makes no sense if you don't want to raise a family. You are much better off living life than chasing money for comforts that you won't be able to experience in the first place.
TC or GTFO!
Fuck u
Guys asking MH why should read the book ‘Man’s search for meaning’. Might like it.
FU money
How is it stupid to leave your children tons of money?
Yeah it all depends
Google it, tons of examples . Your kids will have no drive. Being poor makes you hungry. Gives you drive.