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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow. I can't believe that someone with a $1m net worth would feel financially insecure. My/our net worth is a negative number (still paying off student loans), I'm 37, and I sleep fine at night. Just freaking relax. Life is not all about money. [/quote]

It's not all about money, but how do you plan to take care of yourself once you retire or can't work anymore? [/quote]

We are only 37 -- that gives us 30ish more years of working to pay off our debts, continue to add to the equity in our property, and bank money for retirement. But, I have four children, and I expect that if the shit hit the fan, they will be there for us, as we have been/will be there for our parents. I also believe that if I live long enough, I will draw Social Security. I don't understand the whole "Social Security won't be around in 30 years" meme. There is just no reason to believe that will happen. We also both have substantial life insurance policies and may end up inheriting some money (not a lot, but every bit helps) when our parents pass away. So the plan is to have a paid off property by the time we retire and to have enough retirement savings + Social Security to have a reasonable standard of living.

Having read the OP's response, I will say that if I was widowed I would worry a lot more about money and the future. In her situation, it makes more sense that she feels this way. [/quote]

Sounds like you might be one of the lucky/unlucky ones who will be "means" tested out of social security when you retire in 30 years, despite all that you have paid into the system.  In a country with limited resources, enormous debt obligations, a decreasing tax base, and an ever-increasing population of truly poor retirees it is almost a certainty that not everyone will get to collect social security.[/quote]

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