Hey Annika,

Thank you for sharing!

This is very interesting and it reminds me of the discussions on the 4% rule in FIRE communities.

There are several factors that the 4% rule and many financial planning strategies fail to adequately consider:

1. Increased longevity

2. Health care costs and disability, as you mentioned in your post. The rule doesn't account for potentially significant increases in healthcare expenses or the need for long-term care.

3. Ageism and employment challenges: Finding employment later in life can be difficult, making it crucial to plan for a potentially longer period without earned income.

I can't agree more with the need to have compassion for our future selves and to consider potential challenges like disability or increased care needs in our later years.

It's a great reminder that financial planning isn't just about numbers.