[hn976827]

> There are a ton of people in tech that struggle, and reach 50 just to be nearly living on the street.

In the literal sense I doubt that. If they are "nearly living on the street" then they seem to have issues handling money. Literally everybody else around then is making less and is not in the street either. Or are you saying that the lady behind the Walmart cashier or the pizza place guy or the girl moving the office lawn all make more than the tech guy? Hardly.

In the figurative sense, sure, some of them may not have a big detached single-family house with two big BMWs in front, but if anything below that is considered "nearly living on the street" then it's your perspective that needs some adjusting, not mine.

[FrustratedMonky]

Perhaps I was over-stating. But it is true, that tech people retiring at 50 and living comfortably is a real small minority, not some common occurrence like everyone in tech is swimming in gold. Living on street was hyperbole, but I do see a lot of tech people working long hours, on -call 24-7, dealing with bad bosses, all because of the 'fear' of living on the street. So maybe they aren't close to the street. And if over 50, that fear drives the 'do-whatever-it-takes-even-if-pulling-another-weekend'. It isn't some golden retirement, that is so bogus. Its like there is some assumption that everyone in tech got stock options at google.

[hn976827]

A more nuanced discussion would perhaps help. You are just jumping between extremes.

Obviously the average tech person can't retire with 50 while living in a golden castle. Nobody claimed that. If you retire that early then you lifestyle needs to match your wallet. I'm not even 50, I'm just below 40, but I could retire tomorrow despite not having worked at Google or similar. Obviously I couldn't own a 1500sqft condo in downtown SF, drive a big car and go on a yacht vacation in Monacco every year. But I could afford a nice place in the countryside and continue with the hobbies I have, none of them demanding big financial resources. It's about lifestyle choices, no matter how much money you have.

[FrustratedMonky]

That was the claim, I was replying to : "Difference is that in tech you can retire with 50. Few people who still work at 70 do so by choice.".

Saying you can retire at 50 if you choose too, and working is a choice, is completely bogus. You are not being nuanced, you are being misleading.

Nobody is retiring at 50 that isn't very well off. Even with a small house, remember, there is covering health insurance, taxes, food. It is well beyond a large percentage of people.

Spinning it as lifestyle choice is not what was being alluded too. Yes, I could choose to live in a small apartment and live on rice, and thus 'retire'. Do you really think that is what the original post was implying.

"Nice place in the countryside and continue with the hobbies ". I just can't believe the levels of disconnection here. It almost comes full circle, I could 'retire' if I would just choose to live on the street, it's totally a lifestyle choice.

[hn976827]

> Saying you can retire at 50 if you choose too, and working is a choice, is completely bogus. You are not being nuanced, you are being misleading.

Perhaps read again what I wrote. I explicitly stated that those who still work at 70 rarely do this by choice. More concretely, the lady behind the counter at Walmart is 75, and she definitely does not do that job because she loves it so much.

This was to contrast with the comfortable situation that we in tech are in. We can choose to retire early, even if it comes with lifestyle impacts. Not everybody desires a penthouse in downtown. And not living there does not mean you are living on the street.

[FrustratedMonky]

OK. Guess I read it opposite. Your wording of choice, seemed to imply there was a choice. I missed a negative, so you are saying, a lot of people do NOT have a choice.

I guess then, I agree. A lot of people have very limited choices, and in tech we have slightly more choices. I'd just disagree with the degree of choice. In Tech we have more choice, I'd say that isn't much more. If there is some arbitrary scale of choice, from 0-100, and most people have 10% of choice, and in tech we have 20%, that is still at the bottom. When you get outside of SF, there is a vast world of tech, where tech people are not rich, and they are slugging away making ends meat like everyone else. Generally better off, but I'd say a really long way from being able to make a choice to retire early.

It's kind of like the scene in Game of Thrones where they are arguing about slaves having a choice, and Tyrion is saying slaves have a choice, meaning that they can commit suicide. So yes, we all have a choice.

[hn976827]

> In Tech we have more choice, I'd say that isn't much more.

Ok. Then our main disagreement is whether a household income of $400k grants significantly more freedom than a household income of $150k. I'd argue that it indeed does.