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Reply to "YOLO vs savings - please share your stories"
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[quote=Anonymous]My parents and DH’s parents are both retired, had similar careers / earnings / etc. my parents were a bit more conservative financially whereas DHs parents were (as I am told) always keeping up with the Jones’s, buying the most expensive house or car they could qualify for. My parents are enjoying a very comfortable retirement with a vacation house and spending a couple months a year traveling. DHs parents had to downsize into a smaller house don’t really have much to speak of in terms of savings and are still paying off a mortgage out of their pension / social security.[/quote]
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