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Factsheet: Using Asset Limits in Public Benefit Programs | AI and Young Adult Jobs: The Real Mystery | Ted Cruz asks Treasury to approve $200 billion tax cut without Congress | The US Had a Big Battery Boom Last Year | Nasdaq’s Shame
...What the Roberts Court is Actually Trying to Accomplish | 17 Things To Do On a Sunday Besides Surfing the Internet | Happiness Map | How Does the US Tax System Stack Up? | 10 Rules for Dealing With Uncertainty
...Why Knowing the Right Answer Isn’t Enough | The 50 Most Underappreciated Movies of the 21st Century | Public Finance in the Age of AI: A Primer | ‘SWING’ | Order of Operations for Investors
...In the Footsteps of the Buddha | Why Europe doesn’t have a Tesla | The grift economy is going mainstream | The 3-Part Mental Framework I Use to Protect My Peace | The New Rules of Retirement
...Carl Sagan’s 9 timeless lessons for detecting baloney | “To Be or Not to Be…” | How Will the Miracle Happen Today? | We are the problem
...What’s a False Memory? | What Does Life After Ambition Actually Look Like? | By All Measures | Phantom Obligation | Low Cost Financing via Short Box Spreads
...This final article is about the rarest outcome.
It’s not rare because it requires genius.
It’s rare because it requires restraint.
And patience.
And a willingness to keep going long after “enough” has already arrived.
I call this outcome escape velocity.
...In the first article of this series, I described the only three retirement outcomes that exist. In the second, I explored the most painful of them—running out of money before you run out of life, a failure born not of bad luck but of misaligned decisions around saving, equity ownership, and spending.
This article is about the second outcome.
It’s the one most successful retirements occupy.
It’s the one that works most of the time.
And it’s the one that quietly demands the most humility.
...In the previous post, I laid out a truth that tends to land with a dull thud rather than a dramatic crash: there are only three possible retirement outcomes. No matter how complex the strategy, how clever the product, or how confident the forecast, every retirement ends up in one of three places.
This article is about the first—and most problematic—of those outcomes: running out of money before you run out of life.
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