No. of Recommendations: 2
Fools believe you should save/invest as much as you can manage.

I don't. I think you should find balance because there's no guarantee you'll make it to retirement.

I agree. In fact, DH and I were just having this conversation yesterday about how we want to be saving for retirement, but we still want to be spending and enjoying life along the way. We want to be able to save for tomorrow, but we don't want to miss something today in case there is no tomorrow. The balance comes in because we also want enough money for tomorrow to do what we want in case there are lots of tomorrows.

I think there is a fine line between maximizing your savings and maximizing your living along the way, but I don't find these to be mutually exclusive. I think a balance can be achieved, and I think it helps to have your own goals clearly identified in your mind so that you know where you want to get and how you want to get there.

But I like to remember that the goal is not to have a lot of savings. The goal is to be able to do what we want throughout our lifetime, and money/savings is the tool that can provide that.

I think some people still confuse the goal and think it is to just have a big pile of money saved, but I find that fruitless. Money gives me security, flexibility, and choices, but it is still a tool that is used to get me to some end goal.
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