Is it worth it to still be productive in the US?

 

Is it worth it to be productive anymore?

When you see and hear all the people who are on benefit, as they say in the UK, you begin to wonder if you should continue working or work your business, considering all the tax you pay, not to mention the inflation tax we all pay, when government inflates the money supply to pay for benefits. 

Well I think you should especially if you dont have enough to retire on and reposition yourself in a lower tax jurisdiction, and lower cost price of living outside the West.

Im not sure giving up and living on welfare and section 8 is really worth it considering the lower standard of living and loss of self esteem.

I still think its worth puting capital in ERISA accounts and ROTH accounts not just for tax reasons but for asset protection. People under estimate asset protection when you consider how easy is is for creditors to seize your assets under false pretense and the cost to even get assets back.

Once you get enough assets offshore or onshore its much easier to leave the Matrix and move to a more gentle tax jurisdiction and lower cost of living place,  the world is getting easier to live in and theres often nicer people to live next to and much safer to live work and play in an safer environment. 

I also believe just giving up and not being productive, is hard on your sole.

If you live in North America, its still pretty easy to save money, put it into productive ETFs to earn monthly income while starting an sideline income.

Its also never been easier to learn where and how to live anywhere in the world that might interest you.

Its also never been easier to earn enough income teaching English online and making enough to survive and save money. Obviously theres other ways but thats what I see on social media and some of these people I know personally. 

Its even stilm possible to get pretty wealthy over time doing those things without the stress of living in North America or Europe.

The other consideration to make is I know people who worked five years and have saved enough to never work again and just live off investment income and now income from there small consulting business,  YouTube channel.

These men and women are in there twenties to fifties, im learning its never to late to start and now its never been easier despite the regulations, tax, and inflation .

Its still easy to get a passport in the West, ATM accounts, with credit cards to get you out of emergencies. Even credit limits are pretty high in the West, at least in the US its still true 

So yes, I think you shouldn't give up and still be productive for as long as you can and enjoy life anywhere you want in North America, or Asia. Or even Micronesia.

Thanks for reading, good luck.