You don’t invest for retirement so that you will have a bunch of money to spend at the end of your life.
I hear it all the time, some variation of; “What is the use of having a fortune when you are 65 waiting for death?”
This is so stupid, it’s unbelievable. When you are 65 you could have more than 25% of your life left to live.
You are investing for retirement so that your life isn’t a living hell on earth for 20 plus years.
Secondly, it’s possible for those to be the best years of your life.
We know that psychologically, people don’t age much past 20 years old.
So when you are 65, you won’t feel 65. You will still have hopes and dreams and get crushes on people just like when you were 20.
So if you think of how much your 20-year-old self would like to be financially free to pursue living your best life, that’s how much your 65-year old self will enjoy it.
Most importantly though, investing for retirement changes your psychology.
It reduces your fear of the future and empowers you to look for opportunities to build wealth.
Invest for retirement makes it more likely that you will be able to become wealthy earlier in life. (Text by joshterryplays)
Stop chasing after the next pump and dump creating a 100x/10000x when u can invest in blue chip coins giving u a 2x and some good staking rewards. It’s not about timing the market, but the time in the market.
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