I like many others would like to eventually retire, preferably earlier than later. Money does not make sense to me beyond paycheck pays for rent and food.

  • star_wraith [he/him]
    ·
    3 years ago

    Can't help you with YouTube recommendations, but I used to do this stuff. You can DM me or ask questions here.

    My first piece of advice is to see if you can land a job with your state/local govt that provides a cost of living adjusted pension in retirement. Those are great and they tend to be better "deals" than just saving. Don't do pensions in the private sector, though.

    Second is, assuming you're in the US, is just put money away in an IRA because you get some tax breaks for it. Then let it ride in an index fund.

    Third is, learning how to grow food and get a little bit of land or pirate some nearby. The way things are going there's a good chance by the time you or I are in retirement age things will be really bad so if you can grow your own food that will be better than money.

    • Shinji_Ikari [he/him]
      hexagon
      ·
      3 years ago

      Yeah my ultimate goal is to have a garden and workshop. Growing food would be incredibly useful. I don't have faith in the the state of the world by the time I hit retirement age, but if by chance shit is still moving along, I don't want to be shit outta luck at 65.

      • star_wraith [he/him]
        ·
        3 years ago

        Yep, for fellow comrades I suggest a two-track approach. Save some in case the capitalist world is still kicking 30-40 years from now. And then also have a plan for if things basically collapse. Land, food, and guns; as well as building up the community around you.