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The oversavers: Older Americans who wish they'd worked less, vacationed more
- mikequinlan 2y agohttps://archive.ph/uSLAC https://archive.ph/uSLAC
- adamredwoods 2y agoMy thought is that the US has no economic safety net, so therefore, if one calculates poorly or has misfortune, not having enough money is detrimental. So risk-averse people will try to over-save. There is no security.