Lions pondered how their current day job income is much less, relative to expenses, than it was when they 1st started working 26 years ago. Rent, food, utilities have risen 250%. Salary has risen by roughly 210%. It's basically an entry level salary relative to inflation.
The absolute number is much higher & investment income briefly boosted the total but today, the stonk market is flat & interest rates are negative again. The lion kingdom savings rate in terms of absolute buying power is actually lower than it was 26 years ago.
If anything, it shows just how good lions had it when they started. It was no pittance by today's standards.
1 question is whether it reflects an industry decline or individual movement. Getting significantly ahead of 26 years ago would entail making the $300k level that gootubers are quoting, but that includes stonk options & bonuses, assumes they don't leave, & it entails much higher rent for an office commute. What they usually do is quit after working just long enough to monetize a video about it & move to a cheaper rental.
Lions would face a brutal commute to make more money while manetaining the same cost of living. Making more money would entail increasing the rent another 20%.
The day job is all but certain to end in the next 4 years. Management & most of them are going to retire. The odds are pretty low of surviving a transition.
-------------------------------------------------------------------------------------------------------------------------
After years of uncertainty, the end game swung back to a high chance of taking possession of the full 10 acres. The big limitation was always paying for a house but it sounded like the old man reached a financial position which would allow lions to buy the house for less than any alternative. It previously would have been just about even or more than the alternatives.
The last remaneing needs are just being financially independent enough to cover the fixed expenses, how much lions would want to travel, what crap they would buy, final care giving costs, healthcare before medicare. Then the house needs a bigger hot water heater, a new driveway, backup power. A large sum immediately goes to a new car & a possibly piano. Not clear how fast arthritis is progressing.
Taking the full price of a house & renting off the table significantly moved up the end date & reduced the final amount, anyway.
It's all but certain lions won't be working as long as the worst case scenarios or reaching the stratospheric levels of wealth those scenarios would have required. The parent's health has declined more rapidly than hoped, pushing up the date. It's going to be more of a limp to some minimum amount because there just won't be a need to go any further. Lions never factored any inheritance into the final amount, though a lot of animals probably do. A significant inheritance would end the game now.
Lions will always ponder what would have happened in that parallel universe where they went all the way & became filthy rich while the parents went on in full health. There isn't going to be a run down to the 40th high school reunion from the apartment.
Lions pondered what final things they would want to do in Calif* before leaving forever. The mane problem is time off. There could be a travel phase between working & moving out, but some final marathons would require multiple years. It seems lions would be flying back in the future.
-----------------------------------------------------------------------------------------------------------
If lions really did get a significant inheritance, they would have probably regretted not having any kids or having any heirs. Even if they knew what was coming 25 years ago, it probably wouldn't have been enough to hold anyone's attention in silicon valley. The lack of women & the high net worth of the available men put that entry point way beyond even an inheritance. It would have been a lot different if the gender equality kool aid was real but reality was a lot more stressful on the men.
There are some theories that the married fathers are all really heavily in debt or living paycheck to paycheck, but lions suspect anyone not bringing women from somewhere else or very sedentary is into 8 figures after hitting paydirt & enduring a lot of stress.
Moving somewhere else in order to have a family would have required much higher educational or professional attainment, so high it might have cracked into silicon valley dating just the same.
Comments
Post a Comment