No, You can't retire rich at 30 if you sell your startup

Re:No, You can't retire rich at 30 if you sell your startup by yummyfajitas on Monday August 23, 2010 @05:35PM (#1628133)

I didn't try to predict the future - I explicitly qualified that everything I wrote applied only under certain circumstances: "If the past 40 years are a guide to the future..." You even quoted my qualification.

As for dodging your main point, let me address it more carefully now. You seem to believe that incomes (by which I assume you mean income adjusted for CPI) is decreasing. And yet, over a period in which CPI adjusted incomes remained flat, quality of life dramatically increased. So why do you believe that decreasing CPI-adjusted incomes are worth worrying about?

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Re:No, You can't retire rich at 30 if you sell your startup by jshen on Monday August 23, 2010 @06:11PM (#1628242)

" why do you believe that decreasing CPI-adjusted incomes are worth worrying about?"

I've said it at least three times already. Because it is highly probable that energy prices are going to increase significantly.

Btw, how do you measure quality of life. I always find it funny when people throw around that term relating to economics.

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Re:No, You can't retire rich at 30 if you sell your startup by yummyfajitas on Tuesday August 24, 2010 @10:18AM (#1629836)

You are concerned oil prices might increase by a factor of 8? Like in the 70's?

http://www.marketoracle.co.uk/Article1375.html

In any case, I'm not sure what this has to do with CPI-adjusted incomes.

By quality of life, I'm only estimating the direction of change rather than the magnitude. I'm assuming that having more stuff is better - I'm happier with flush toilets/a washing machine/Bioshock than without.

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