this post was submitted on 23 Aug 2025
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Asklemmy
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Save more than you need.
Run fiscal history simulations (several programs do this for you). If I had invested this money in 1900, how would this have fared? If I had invested this money in 1901, how would this have fared. Etc.
Accept that you can’t plan for everything except your own resilience. You may have to adjust your spend if things are looking harder than you had planned for. You’ll be fine. At least that’s what I tell myself.
My fiscal plan has me running out in 0% of historical scenarios, which is belt and braces. Still need to save a lot before I can retire according to that fiscal plan.