We (wife and me)are savers and we are not inclined to believe that we deserve this or that. We are debt free well diversified and need little to live on. We periodically go out to eat but prefer and take pride in trying different receipes at home. We apply prudent spending habits to maximize utility of our dollars.
We both maximize our 401k early on and after retiring moved them to an IRA At this point the only reason that we would withdraw from our savings is because the government requires it by 70.5 otherwise we would leave it intact for our children who will need it given what is going on now.
We continue to invest excess funds.
When we decided to retire we made the assumption that we would live as long as the longest parent had lived then added 5 years.
If all we do results in an earlier demise or a disability then their will be funds to assist us.
Living with no regrets for us means not spending money for things we really don't need or want or that leave us with buyers remorse.
To each his own
Last edited by Moderator; 09-21-2012 at 05:37 PM.
Reason: Removed first paragraph that had political references
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