Question
In my 30s, by what age do I wish to retire (or become financially independent)?How many years away is that from today?What is your plan
In my 30s, by what age do I wish to retire (or become financially independent)?How many years away is that from today?What is your plan to growth your wealth until then (wealth = assets - liabilities)?Do you expect there to be any more recessions between now and when you retire?
Based on your new knowledge of macroeconomics, what can you expect during the recession(s) and what can you do to protect your wealth, and possibly even grow your wealth, during this time of economic hardship?
Also, at the current average rate of inflation, what will the cost of living be like when you retire? (think of the rule of 70)What is your strategy to deal with that inflation and preserve your real wealth?
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