One issue is equating spending with enjoyment of life? Savers likely learned to not equate spending with enjoyment of life, that's why they were/are able to save. Then for those that could leave money to kids or relatives, that's where the money will go, and it's no loss, because one learned to enjoy life without a lot of spending.
@theretirementguyYT
7 ай бұрын
Great comment!
@bobbytheblade2550
7 ай бұрын
No, having money is about SECURITY! I retired at age 50 - secure for life, and I won't risk this for boats and country clubs. ABSURD! I won't let needless spending put my life at risk. I am turning age 60, and all I do are leisure activities, short trips with my wife and going to the gym for exercise, swimming, pickleball and yoga. For 35 years I endured misery in a career awaiting age 50, and BOOM - success! It's called F.U. Money - LOVE IT!
@markbajek2541
6 ай бұрын
I suppose if you have "excess" money you could afford the best of the best of pickleball rackets maybe a nicer yoga mat, and some higher end anti chaffing powder like "monkey butt".
@answerman9933
7 ай бұрын
I am thinking they are living on dividend payments or interests from savings. So they are keeping much of their capital. By they way, when people tell me, "You can't take it with you" I reply, "I do not know how long I will need it".
@theretirementguyYT
7 ай бұрын
that is certainly one way to do it and yes, we don't know how long we will live
@dbs555
6 ай бұрын
Interesting. I can't spend what I don't have. The ex-wife took care of that, what with the divorce clean out and the alimony.
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