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[quote=Anonymous]I read some stuff on hedonic tilt a while back that made me think we may be over saving.  The basic concept is that you will hit an age where you aren't really healthy/mobile enough to do much and lack the desire anyway so you generally tend to live cheaply.  Most of the older folks I know (70s and above) seem to be like this regardless of financial position so I think there may be some merit to it.  So with that in mind I think you can make a case for a bit of "YOLOing" here and there.  The problem is that you can't really predict what will happen in your specific situation so anything you do isn't without risk and definitely has a potential downside later.  I think we've decided to occasionally do some mild yoloing here and there, but focus on our savings goals until we hit our investible asset goals.  We figure that using the generally accepted safe withdrawal rate (4% or so) with a few million in the bank and a paid off house that we should be fine.  I think once we hit that then we'll be more open to some real yoloing.  Until then we'll stick with packing lunches, driving old Hondas and passing Starbucks.

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