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Elo comments on Stupid Questions June 2015 - Less Wrong Discussion

5 Post author: Gondolinian 31 May 2015 02:14AM

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Comment author: [deleted] 01 June 2015 07:08:40AM 2 points [-]

3-6 months? People don't go on piling up savings indefinitely? How else do you retire? I mean... there is state pension in the country I live in but I would not count it not going bust in 30 years so I always assumed I will have what I save and then maybe the state pays a bonus.

Comment author: Elo 01 June 2015 09:27:34AM 0 points [-]

I think its a minimum of 3-6 months in a place where you can access it on short notice. of course the most common advice I see around LW, and other "If I knew this when I was 20 years younger..." type posts is - its never too early to be saving money up and building wealth.