Islander wrote:I think you have described my mentality quite well as I am 27 and reckon society will hold together in some form or other until I'm in my 40's or 50's. I found the best way to deal with Peak Oil is to accept that one day the economy will go into decline and as it does, I will just roll with the punches as it were and make the best of whatever life I have. If I die before I'm an old man, so be it, I've accepted that one day I will die and that thought doesn't scare me like it used to.
In terms of prepping, I've been making sure I get into better shape incase the future requires lots of manual labor, but that's all I've been doing.
PEAKINT wrote:
This is why I'm spending every penny I make and not saving a penny for "retirement" in CD/ IRA/401k/ mutual fund, index fund, etc etc
Ibon wrote:PEAKINT wrote:
This is why I'm spending every penny I make and not saving a penny for "retirement" in CD/ IRA/401k/ mutual fund, index fund, etc etc
Compared to you I am an old man, almost 60. And from that older perspective I am going to agree with you. Take it now, for it might not be there later.
This philosophy does not exclude you from the personal responsibility to move with humility, kindness to both your fellow man and to your fellow species.
But it does provide you to move out of the cage and into the moment.
Always a good decision.
Those that are planning for their retirement will consider your position lacking in responsibility. They have not the courage.
Timo wrote:Ahem........I am 50, and am very busily trying to save for my retirement because i expect to live for another 30, or even 35 years. Maybe more. I do not expect our current retirement systems to last that long. Therefore, i need to save every last penny i can NOW, and not live today like there is no tomorrow. There will be a tomorrow. And a day after that. And a day after that. And a day after that, ad infinitum, or at least until the sun fries all life off this planet. I'm also trying to figure out how to actually earn some income after i retire, precisely becauswe i do not expect Social Security to be in place, and because my job's retirement plan may not be there, either. Therefore, everything that i will have access to in the future to suppport myself and my family is up to me to provide for myself, and that means planning ahead. If i had children, planning for the future would be even more important because i strongly believe that is it the responsibility of every generation to provide a healthier, better environment than we enjoy today for future generations. Living only for today is incredibly, inconcieveably selfish. ME FIRST!!!!! FU*K everyone else, and all future generations! I have the courage to deny the responsibilities for my conduct in the here and now!
Complete and utter bullshit!
ROCKMAN wrote:Timo - "...yet you continue to keep on living, being a burden on others...". I'm not sure that's a given. As we stumble down the PO path and if I were in my 20's I don't think I would assume society would eventually take care of me in my old age. And I'm not talking about SS or pensions. I don't think they would tie me to a tree for the wolves to feast upon. OTOH the vast majority of society at that future time (especially the younger ones) might not have any sympathy for the "needy". there's much in life beyond money that would see value preserved. I'm pretty sure that in 40 or 50 years if you ain't got "it'" very few that do have "it" are going to be willing to share "it".
Pops wrote:Now, now, no need for insults.
When I was 20 I thought just the same, if I make it to 60 I'll be destitute anyway so why save?
I was right!
PEAKINT wrote:Why should society spend millions of dollars to keep an 85 year old person alive for another few weeks or few months when they've already had a long time by any measure and won't live that much longer anyway? it is just insane to me.
Quinny wrote:Anyone who has looked at annuity rates would probably have a lot of sympathy with the OP!
cappinhook wrote:I think a lot people are missing Peakint point. I don't hear him asking for a handout at 65 and I believe he is taking a Nietzsche approach to life. That in the end of time it all ends up being pointless. I do find it somewhat funny that this website is basically about the eventual fall of our current society within most of our lifetimes. So why would someone prepare for retirement in world that would, I think some on this site would agree, be dramatically different. Old mantra's might no longer apply. Many people think there will be a dramatic die off. Feel Like he might just be hedging his bet on being one of the fallen. Then again, I could be way off base. Also, I find it funny that I have stalked this site and the oil drum for many years and this is the post that compels me to comment.
cappinhook wrote:I think a lot people are missing Peakint point. I don't hear him asking for a handout at 65
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