Planning an exit, if you truly want to leave, is possible and takes time (years). You don’t have to keep on but just know the time horizon is long and you need a solid plan.
society/civilization[/state/government] was meant to collectively make it better for the next generation in general. But society is not on that path anymore, it seems like there is serious decline happening in terms of quality of life all around the world. Everywhere seems to be converging to a consumerist, busier, fast, urban, sickly lifestyle.
On the flip side, it has never been easier for parents to ensure prosperity to their children. For some people, if your parents [and or spouse's parents when applicable] have saved enough to de-risk your [and your siblings'] financial situation; are there anecdotes of how to leverage that to exit the rat race [or probably not enter at all]?
With regard to your first paragraph, I'd agree in part, but to me it appears more like polarisation than decline for the majority. The changes suit some people (owning property while the market rises, as just one example) while not others. To me, it seems like a clear societal improvement for almost everyone creates more reliable prosperity - less fear of crime, dangerous behaviour, risky events, etc.
On the second point, you could obviously time inheriting assets to retire early, but I think there's risk in how it was done so that you didn't jeopardise future generations or lose purpose. There are typically existential risks for family businesses, as an example. It's easy to lose motivation/purpose if you have it easy and get things on a platter. There's exiting the rat race to retire or exiting to be self-employed in some fashion, as one consideration.
Right, it may not be a decline. But more of humanity is being pulled out of evolutionary stressors and forced into the same artificial stressors.
There is clearly not enough incentive to bring a bigger portion of a population towards a [somewhat subjective] better quality of life. This might be the polarization inherent to human nature.
So far we have done well to curb and mitigate crime, risky events, etc. Maybe the next phase will be more long-term focused including sustainability, responsible waste management, sensible regulations on fast-food and healthcare, etc.
Let owning property while the market rises benefit the few, we cultivate human capital more broadly. We have to be cautious of bloat, red-tape, short-term-thinking spreading to more systems and processes. We have to do something about education systems that seem to face too much inertia and vested interests among other reasons to not witness significant-enough innovation.
^ a few random thoughts in response to your first point
I'd be interested in stats about negative social behaviours (say household burglary, graffiti, etc) and how it relates (or doesn't) to home ownership. Is behaviour significantly different if someone feels a sense of ownership and belonging in a community?
Ownership and responsibility will be good in general for young folks. If youngsters were expected to be stewards, instead of being innovators and trailblazers and millionaires, it will be easier to belong.
Land and home ownership has become harder, financially and psychologically, even for middle class and above.
However the negative behaviors you mention is mostly younger people and they will not usually be owning homes by themselves. So your home ownership hunch might apply to the family of such actors; extrapolating, the general social fabric around potential negative actors is the realistic indicator. Which is a much more complex problem.
The time horizon is long, very long. I may make the most I ever have, but it’s a paltry sum compared to most HNers.
One way or another I will leave, it remains to be seen what that will actually mean. For now all I can do is keep putting money away and praying I get lucky.
I have gotten lucky in a small but not insubstantial way, a couple of times.
I still make less than most HNers, but it’s decent for where I am.
I don’t know what the exit plan is. It never seems like you have enough. I’ve even looked at minimum retirement savings needed and I should be good for my current lifestyle, but I don’t feel like the numbers are right or I keep coming up with excuses. There is a lot of anxiety around this.
