Originally Posted by
I-Like-To-Bike
And by "watching" people spend more money on a bicycle than you would, you can actually use your smugness to have money in retirement and be able to afford the things that matter in life, or is your point that those people you supposedly "watch" can't?
Having money in retirement is not a bad thing. Getting here by working primarily in the bicycle industry, notorious for the lack of defined-benefit pensions, required a lot of diligent saving over the years. Modest tastes and establishing priorities helped a lot. I do not begrudge those who buy themselves lots of very nice things, but in the long term it was more important to me to have fewer things just nice enough and the leisure to enjoy them. It's all in what you value.