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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FWIW, it's also important to keep things in perspective.

One of my colleagues found out about a terminal stage IV cancer diagnosis in her late 50s. Someone who had lived conservatively and done everything by the book, to a tee, seemed relatively healthy for age, and thought she just had GERD till imaging said otherwise.

When she told us, one of her first comments after relaying the facts of the matter were, with voice trembling with tears:

"All those of years of saving so much in my 401k... for what??"[/quote]

Thank you for posting this. People don’t understand how to have balance in life. People are either spendthrifts or deny themselves every little thing that makes life worth living. My dad was diagnosed with terminal cancer two years after retiring - after he spent decades looking forward to retirement. What’s the point in our lives? Frugality just so we can travel during retirement? How about traveling with DCs and building memories? We’ve traveled so much in our lives (together, as a family), I certainly don’t see the need to catch up when I’m 65. [/quote]

I feel like this is generational. In my parents' generation, yeah it was about saving EVERY dime, toiling away, never having any fun because RETIREMENT. And then as you say retirement and how it goes for you is a roll of the dice. I'm not saying EVERY person currently in their 70s-80s is like this, but a far greater % of people lived that way then versus now. Amongst my current 30-40 yr old crowd, yeah people are saving big and yet every spring or winter break they're going places with kids and building memories. They aren't saving all then for age 65 or 70 when it gets harder to do those things, your kids may or may not want or be available to vacation with you etc. I feel like those in my gen, sure they'll travel in retirement, but it won't be in the OMG first time I've done a fun thing ever, type of travel. It'll just be a continuation of travel they've prioritized their whole adult lives, longer trips they couldn't necessarily do while working etc.[/quote]

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