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Taking money off the table

(zachholman.com)
135 points holman | 1 comments | 30 Oct 25 18:50 UTC | HN request time: 0s | source
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GCA10 ◴[30 Oct 25 20:04 UTC] No.45764665[source]▶
There's a crucial extra factor that isn't in the original article, but ought to be: Money's ability to buy great experiences decreases as you get older. I've seen this with beach vacations, road trips to see a favorite band, fast cars, ski trips, etc.

Seize the moment, friend! What you can do NOW with that 10% slice will never exactly be on your possibilities map again.

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jocaal ◴[30 Oct 25 20:24 UTC] No.45764897[source]▶
I don't agree. How can wasting your money in your twenties and thirties be more valuable than saving for an early retirement. Imagine being able to retire at 40 and do whatever you want. If you weren't stupid, your health should be good enough. Why prolong the time you have to do stupid chores for other people when you can be strategic and opt out as early as possible.
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1. gwbas1c ◴[30 Oct 25 21:07 UTC] No.45765369[source]▶
You can take once-in-a-lifetime experiences in your 20s and still save for retirement. I went to Burning Man and traveled to Amsterdam in my 20s and that didn't impact my savings.

I should point out that it's cheaper to travel when young: Back then I stayed in a tent in the desert and in a friend's room near Amsterdam. If I did the same trip today, I'd have my family in tow, and would need more comfortable accommodations.

I should also point out that startup equity is not retirement savings. Selling 10% of your equity, investing most of it, and then doing something that you won't be able to do when you're old is a very wise and mature decision.