TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON
Season 6 – Press release Bitcoin News
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PRESS RELEASE. Geneva, Switzerland, March 28, 2024 - HackaTRON Season 6,
co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO,
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38 minutes ago
Whether retire at 20 or 80 depends entirely on (1) F.I. i.e. ability, and (2) willingness. How able you are can determine how willing. E.g. if someone has passive income that covers all his & dependents basic expenses, he may still not be willing because he wants to provide a bit more luxury. In this case, he may still continue working part-time etc.
ReplyDeleteSimilarly, for someone who is highly social or extroverted, even if he has more money than he can ever spend in his lifetime, he may find it deadly boring to keep going on exotic holidays while all his friends & social circle need to work. He may decide to do consulting projects or venture investing.
BTW, for real retirement, basic foundation need to be accomplished first: e.g. zero debts, emergency funds for 1-2 years, insurance for health & property, housing settled for the long-term, passive income much greater than expenses (at least 50% higher, more the merrier).
The main questions then are "Can your principal survive thru thick & thin?" and "Can your principal continue paying you sufficient passive income?".
For people having to work to survive or enjoy, that's their main principal --- the ability to generate income from one's time & efforts. Nowadays this principal's lifespan has been reduced to 20 or 25 years for more & more people. Even if able & willing to extend beyond 25 years, many corporations are only willing to pay reduced returns for this human principal.
Well said!
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