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But what is that financial security for if you might not be around to enjoy it? It just hammers home for the that being ultra-frugal now so that you can live i
by zymhan 10y ago
But what is that financial security for if you might not be around to enjoy it?
It just hammers home for the that being ultra-frugal now so that you can live it up when you retire misses the fact that, well, you might just die one day and never have those experiences you put off in the name of saving money. You should live life as you go, not by putting it all off and saving it up
- WalterSear 10y agoI have a number of elderly relatives who have been well and truly fucked by that philosophy.
- cortesoft 10y agoRight, but there is a VERY good chance you are going to live long past your ability to continue to make money (most people do).... what then? If you haven't saved for retirement, you are going to be very miserable for a lot of years. I know way too many people in their 50s and 60s with no retirement savings. They are starting to be unable to continue working, but have YEARS left to support themselves. It is beyond sad.
- kudokatz 10y ago> But what is that financial security for if you might not be around to enjoy it? It changes your whole outlook on life. When there is a reasonable amount of financial security, one can truly focus on the important things without considering money in the decisions. Many caveats apply of course, such as still maintaining good "financial hygiene". I'd strongly suggest at least trying one's best at getting up to $100k in investments plus a cash buffer and see how life is different! > You should live life as you go, not by Everybody has a different way to live life, but phrasing things this way makes it sound like you've already closed off listening to potential benefits of others' point of view.