Depends entirely on what you value. Some speculative propositions: -Some find less value in material things and worldly experiences as they age, so the expecte

Depends entirely on what you value. Some speculative propositions: -Some find less value in material things and worldly experiences as they age, so the expected happiness return on splurging can decline. -Some find living by a principle of some kind (eg- humbleness and frugality) to be very fulfilling in itself. -Some value being relatively protected from risk and misfortune, and ultimately there’s no upper limit on risk insulation. -Some highly value being able to leave something behind to the people, organizations or causes that they love. -Finally, these motivations can change over time and act in concert to shape the story in ways that might not be apparent when you just examine the visible surface facts.