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Proponents of financial independence would say that high savings rates eventually buy you control over your own time which is one of the most rewarding things i

• pm90 7y ago
  It depends on specific circumstances though doesn’t it? The view of these proponents is usually that if you can max out savings for 10 years or so by living extremely frugally, the next 40 or 50 years of your life can be lived without having to seek employment, which seems reasonable if that’s what you care for. OTOH many people find their careers soar with time, as they build experience, empathy and learn their way around how the corporate world works. The financial rewards get larger, but more interesting is the opportunity to solve tough technical problems (well, for me, as an engineer). I also find it a little wasteful to not enjoy ones youth, which is not a time that will come back, and is likely the only time where you can experience life somewhat unattached and figure out what kind of partner would work best, what kind of personality works best, which city is a good one to lay roots etc.