AI Snips
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Early Career and Self-Teaching
- Jason Greystone didn't want to work manual labor forever and gravitated towards software development because of his logical mind.
- He self-taught software skills and started planning how to maximize financial output early on in his career.
Limits of Traditional Saving
- Saving 10% of income for 10 years yields only one year's income in savings, which is insufficient for retirement.
- Jason realized traditional saving methods wouldn't provide enough financial security and sought better investment strategies.
Pension Reality Check
- Average pension pots and life expectancy show people will live on very modest means in retirement.
- Jason found this prospect unappealing and wanted to avoid becoming a financial burden on his children.