[ghaff]

>you don't have to wait until your 60s to live the life you want

But, at least at some point in your life, doing work within a company may provide that life. At some point, you're done. And that point may vary. But many people wouldn't really love (or at least benefit from) a bunch of money dropped in their lap when they graduated from college.

[CooCooCaCha]

I can 100% tell you it will not provide that life to a lot of people. I'm happy for you if it does but others like myself would rather kill themselves than work a 9-5 until they're 60.

[nickd2001]

"others like myself would rather kill themselves than work a 9-5 until they're 60". If its in a corporate hell-hole, I might at times feel like that too. However, not all 9-5s are equal :) Public sector such as govt or academia, or other non-profit, can be fulfilling and not soul-sucking. Or, at some point switch to something only slightly related to tech, such as teaching. People talk about "full fat" FIRE, but thats unrealistic and/or requires some years of miserable sacrifice for most people (being rich before you start, or getting randomly lucky with stocks, doesn't count IMHO). They also talk of "Barista FIRE" - i:e you can't totally retire but can work a supposedly low-stress job (personally, not convinced by it, baristas can still feel "oppressed" at work) . What about the middle road... which is, live frugally (which helps the planet too), over-pay mortgage and avoid other debts, with such an attitude hopefully most techies would by their 40s be able to work in a job with a moderate professional salary, perhaps arguably underpaid for what they do, but, if that's what necessary to be fulfilled at work and not feel like killing oneself, then so be it? ;)

[ghaff]

And a lot of those people would not have been in a position to start their own companies--much less succeed at it.

Have a big trust fund? Sure. If it were from Day 1, depending on the circumstances, 9-5 would have been ehh. But not sure how directed I would have been absent strong parental direction.

[CooCooCaCha]

[flagged]

[ghaff]

People need to have income in some way, shape, or form. They can earn it themselves whether by working for someone or by being an entrepreneur in some fashion. Or they they can be given it by family.