huge difference having this conversation with a man in his late 40's to early 60's where you're established, you're generally flush with cash or least as much cash as you've ever been in your life
.
When I worked at various companies as an engineer, I would ask people if they lived paycheck to paycheck or saved money.
a) Nearly 50% were paycheck to paycheck
b) Nearly 50% donated the max to 401k, but other than that, could not save money.
It turns out married couples are in a race to spend the money before the spouse does.
The few exceptions were:
a) Bachelors who saved half their income.
b) Old people who did not need to work, but worked for fun.
