Why are people obsessed with putting $$ in retirement?

[Anonymous]

I don't understand. Wouldn't you want to enjoy the majority of your money while your young? People put so much into their retirement and try to enjoy their earned cash when they are 65+. I understand putting SOME money away but not a majority.

[Anonymous]

Because I don't want to be a greeter at Walmart when I'm 80.

[Anonymous]

...Because after you stop working, the paychecks stop. The money you put into a retirement fund is for you to live on for the rest of your life after you stop working.

[Anonymous]

because most people now can't retire at 65 and if they do they are stressed. 65 is still relatively young and I would like to travel and do whatever I want without worrying.

Also, elderly care is really expensive

[Anonymous]

How old are you OP? How long have you been working?

[Anonymous]

because i don't know how long i will leave... because i don't want to burden our kids when we are old... because i don't want to worry about money/paying bills when we are old... because we expect medical bills will eat us alive.

[Anonymous]

Anonymous wrote:I don't understand. Wouldn't you want to enjoy the majority of your money while your young? People put so much into their retirement and try to enjoy their earned cash when they are 65+. I understand putting SOME money away but not a majority.

Who is putting the majority of their money into retirement??

[Anonymous]

OP (if this is a serious question), do you have any older family members on a fixed income?

[Anonymous]

Is it inane question day?

[Anonymous]

Anonymous wrote:...Because after you stop working, the paychecks stop. The money you put into a retirement fund is for you to live on for the rest of your life after you stop working.

what about social security?

[Anonymous]

Anonymous wrote:How old are you OP? How long have you been working?

I'm guessing a millenial with no sense of forward thinking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:...Because after you stop working, the paychecks stop. The money you put into a retirement fund is for you to live on for the rest of your life after you stop working.

what about social security?

not enough. may not be there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How old are you OP? How long have you been working?

I'm guessing a millenial with no sense of forward thinking.

YOLO !!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:...Because after you stop working, the paychecks stop. The money you put into a retirement fund is for you to live on for the rest of your life after you stop working.

what about social security?

hilarious! seriously...the only person/entity you can count on to support you is yourself.

[Anonymous]

Anonymous wrote:OP (if this is a serious question), do you have any older family members on a fixed income?

OP here. Yes, this is a serious questions. My parents are in their mid 70's and live fine with SS and my mother working part-time. They travel internationally once a year. I would like to spend more money while I'm younger (now) rather than when I'm 65+ with health issues.