If $X$ is a normed vector space and if for each bounded operator $T \in B(X)$ with $\| T\| < 1$, the operator ${\rm id} - T$ is boundedly invertible, does it follow that $X$ is complete?
Context:
It is well known that if $X$ is a Banach space and if $T \in B(X) = B(X,X)$ is a bounded linear operator on $X$ with $\| T \| <1$, then the Neumann series $\sum_{n=0}^\infty T^n$ converges (in the operator norm) to $({\rm id} - T)^{-1}$. In particular, ${\rm id} - T$ is invertible.
There are counterexample to this fact if we do not assume $X$ to be complete. For example, we can take $X = \ell_0 (\Bbb{N})$ (the finitely supported sequences) and $T = \frac{1}{2} S$, where $S$ is the right shift operator. In this case, it is easy to see that $\sum_{n=0}^\infty T^n$ does not converge to a well-defined operator from $X$ to $X$.
After I came up with the above counterexample, I wondered if we can characterize completeness of the normed vector space $X$ by the above property, as in the question stated above.
Thoughts on the problem:
Equivalently, we could require that $\sum_{n=0}^\infty T^n$ converges to a well-defined operator from $X\to X$ as soon as $\|T\|<1$, since in the completion $\overline{X}$, we still know that $T$ extends to a contiuous linear operator $\overline{T} : \overline{X} \to \overline{X}$ with $\| \overline{T} \| = \| T\|<1$, so that $S := {\rm id_{\overline{X}}} - \overline{T}$ is invertible with $S^{-1} = \sum_{n=0}^\infty \overline{T}^n$ and the restriction of $S^{-1}$ to $X$ is the inverse of ${\rm id} - T$, so that $({\rm id}_X - T)^{-1} = \sum_{n=0}^\infty T^n$.
I know that $X$ is complete iff $B(X)$ is, so that it would suffice to show that $B(X)$ is complete.
To show that a normed vector space $Y$ is complete, it suffices to show that "absolute convergence" of a series implies convergence, or even more restrictive that if $\|x_n\|\leq 2^{-n}$ for all $n$, then the series $\sum_{n=1}^\infty x_n$ converges in $Y$.
My problem with applying observation 3 to $Y = B(X)$ is that we only know that the statement for 3 is true for $x_n = T^n$ with suitable $T$, which seems to be too restrictive.
In fact, I don't know how to construct any kind of nontrivial bounded operators on a general normed vector space $X$, apart from operators of the form $x \mapsto \varphi(x) \cdot x_0$ (and linear combinations of those), where $\varphi $ is a bounded functional on $Y$ and $x_0 \in Y$.
But for operators as above (i.e. with finite dimensional range), convergence of the series $\sum_{n=0}^\infty T^n$ is always true, since in fact we only need to consider a finite dimensional subspace, which certainly is complete.