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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Some keep working, which must get really hard at some stage. [/quote]

This. My 67-year-old cousin just relocated and is looking for office work, which she's not finding. She thinks she'll have to apply to work in supermarkets. I don't understand how this is sustainable. If social security and savings are not enough for her now, will they be enough when she physically can't work anymore? [/quote]

My DS16 works at a supermarket and several of his co-workers are in their 60s. They often work two jobs. Maybe at a restaurant and also at the supermarket. They’re on their feet all day, every day and stretching to make ends meet. He’s learned a lot of lessons from those coworkers. [/quote]I mowed grass and did some manual labor during hs and college.   Worked with older folks and realized early that I had to save/invest for my retirement as soon as I got my first job after college.  I knew there was SS benefits for retired working people but I did not count on it.  It is a wonderful journey in life as you leverage your labor to financial freedom.  Slow and easy, $$$ invested for decades doesn't disappear in a market crash or Presidential tantrum.   [/quote]

This!!  Living a bit more frugally in your 20s and 30s means an easier path to retirement. Those who choose to do that tend to do better
[/quote]
+1 raise hand.  I'm on track to retire at 56 with enough to live comfortably and travel until I'm like 95.  This has always been my goal since my 20s so I lived frugally to realize that dream.[/quote]

It's amazing!  And especially in your 20s when you never really had money.  The issue now is that many kids are growing up with much more, and they expect to live at 22 straight out of college the same as their parents do now.  Not realizing that it took their parents 20-25+ years to get to that.  
But if you had nothing much growing up, it's easier to live frugally for your 20s and then be well set for the future.

[/quote]
pp here.. this is sooo true.

I grew up lmc so living frugally wasn't hard for me.  But,  my kids have grown up living on the lower side of UMC, and they don't know what "frugal" means.

I know someone who is years younger than me, but we have kids about the same age (my youngest; their oldest).   They were basically comparing how we lived to how they lived, and I had to remind them that we had *years* of working and saving ahead of them.    A 35 yr old should not be comparing themselves to a 45 yr old in terms of finances.[/quote]

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