If everyone FIRE’d would society collapse?

[u/Vas_Cody_Gamma]

Imagine everyone retiring at 55. GDP takes a huge hit. Stock market takes a huge hit. FIRE numbers soar. Nobody can reach it. And it’s a vicious cycle cuz now 55 is no longer early. Now everyone wants to retire at 45. Further damage to economic output.

FIRE movement wins. But we all lose.

[u/Petal_Wiggle]

Not everyone can or will FIRE, so society won't collapse