This is why fentanyl is so cheap.
I’m only half joking.
Great transfer of wealth.
She will pay off all her credit cards and student loans.
Then she will pay her landlord.
And she’ll never get in front of it.
She’ll be 60 years old and have nothing to show for her lifetime.
Social security will be pushed out to 75 years old.
She’ll be facing 15 more years of nothing just to survive.
She’ll be expected to own nothing and like it.
Better to die a noble death.
$50 worth of fentanyl should do the trick.
Not suicide. Just accidental self medicated overdose.
There are hundreds of retirement tools online. They can project forward based on some specified average rate of return, rate of inflation, specified variance of that rate of return, and any additions you fee in. There are also tools that will do all of that based on the historical rate of return for stocks or bonds in various mixtures.
But none of them even think of making an effort of planning for upheaval. They all presume, and it’s not a bad presumption, but it is only a presumption that society functions over the next XX years as it has over the past 150.
The odds for that do not look good. Too many parameters are ugly at a magnitude never before seen.
By farmland.
Social Security will very likely be 15%-20% LESS than it is now for her in 25 years when she will probably collect.
Fentanyl?
Just find a sucker like me, look nice and convince me she’ll love me and stand by me forever
As soon as I give her a card that says I’ll pay off her debt, she’ll soon find a boyfriend that she says “they really love each other.” And see ya
Then a lawyer will try to steal as much $$ as he can to support the liar while she waits for her boyfriend to divorce his wife….