[richliss]

So yes the geniuses early retiring problem is a thing, but there could be a way of managing this IF the government wasn't useless - secure phantom options.

The idea would be that you wouldn't own the actual shares but a fully legal option that you can cash out at a fixed age and would be legally protected from bankruptcy etc.

So the idea would be you could cash out say up to £1m (enough to buy a property) before the age of 30, another £1m before the age of 40, another £5m at 50, and then all of it at 60.

You'd have skilled people remain in the workforce for longer but wouldn't overstay into their pensioner years.

I'm certain there's other ways of doing it too.

[anovikov]

That sounds like a really stupid idea, for sure one could just take a loan secured with these options and if they were guaranteed by the government the interest rate would be same as gov bonds rate as these will be effectively gov bonds. So one could swap it for cash at no cost.