(4) I work a normal-ish job, have a normal retirement plan, and save enough to retire at a normal age.
The point I want to make in this article is that 1, 2, 3 seem way more likely than 4. Which makes me think that long-term saving might not actually be such a good idea.
Are you sure? Take a look at http://firecalc.com/
You plug in your nest egg size and expected cost of living and it will trial it against historical market performance. That is, if you retired the day before the Great Depression and similar events, would your portfolio keep you alive long enough?
It’s clear if you plan to live a reasonably frugal lifestyle working a normal job you can save up a substantial nest-egg in 10-20 years to float you indefinitely if you’re only a little bit lucky, probably requiring a lot less luck than hoping you strike gold on a startup.
I discovered lesswrong.com because someone left a printout of an article on the elliptical machine in my gym. I started reading it and have become hooked.
I’m a formally uneducated computer expert. The lack of formal education makes me a bit insecure, so I obsess over improving my thinking through literature on cognitive dissonance and biases, such as books from the library and also sites like this.
Nowadays I get paid to be a middle-manager at technology companies. Most of my career has been in Linux system administration as well as functional programming.
I’m a bit of a health nut. I adopted a whole-food plant-based diet (the “China Study” diet) because it seems most well supported in the literature, although a broad consensus on the topic has not emerged. I base this decision in part on my trust of experts with titles after their names, since I’m too out of my element to read and interpret most of the literature on my own. At the same time I have a personal anecdote that this works well, so those two are enough to convince me for now.
There are times when I find reading about rational thinking rather sobering. It’s clear that we were born with an irrational, “defective”, brain and that we would be so lucky if we could even make a small dent in improving our decision making. Improvements seem very hard to come by, I worry that all I’m really doing is learning to distrust my beliefs.
So that’s a nutshell full. How’s everyone else? :)