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I guess there are different perspectives to life.
To answer the $50k question, why would you need $50k tomorrow? I can't think of any reason why that would happen based on my situation and where I live. In fact, I'm almost at the point where I could stop working today (I am 26) and live an average comfy life until I'm 80 without working another day (including investment interest, rebills, residual traffic signups, etc). A lot of this has to do with the economy where I live. I understand where you're coming from with this thread, but the "what if" question with the $50k number is pretty silly imo.
Of course everyone should plan for the future and use long term thinking, but I don't think throwing all your money into RSPs and mutual funds is the be all and end all. I'm young, I'm smart, I have a shitload of technical skills and I can adapt. If adult goes down tomorrow, I'll find another way to make money pretty quickly. The internet isn't going anywhere, and there'll always be ways to make money. "Recessions" do not affect people willing to work hard and smart.
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