[Displaced Flames fan]

Originally Posted by heep223

It really depends on your personal situation.

But generally speaking it's about balance, and knowing when to be frugal and when it's ok to spend. Obviously the big ticket items are the most important - how you're managing your portfolio, your primary residence, vehicles, and of course minimizing your debt load.

If you start fretting over your cable bill and how much that would grow if you saved it, you're going to drive yourself absolutely crazy. Also you will drive everyone else crazy. And you won't have any fun. And then you'll be old balls, and you'll regret not living your life fully.

I may be way off base here, but if a person has a investment portfolio and a secondary residence, it would seem to me they are doing ok and the need to save for retirement isn't as dire as the rest of us.