I have seen a few of these with similar story lines and realized we are living it right now. They have the best healthcare, the best food, the best everything and most of us are a few dollars from disaster. That scares some of us to death literally from all the stress it causes.
That’s true, and it can be liberating. But for a lot of people, they have to dig into those investments every time something unexpected happens and they never really get to a critical momentum where compounding interest starts working its magic.