Opinion: Yes, it’s possible to save too much for retirement

I never really liked the vehicles that I owned. They were an unimpressive lot, including a Volkswagen Beetle, Mercury Capri, Toyota SR5 pickup, Toyota Camry and Ford Fusion. I would like to say they got me where I needed to go, but that wasn’t always the case. All the cars, except for the Camry, were unreliable, which would sometimes make my life stressful and difficult. Of course, keeping those cars for many years didn’t help.

It wasn’t the safest place to live. A drug dealer lived in the apartment next to me, my car was broken into more than once and one day someone stole my clothes from the laundry room. I stayed there for six years, putting up with all the discomfort and trouble that surrounded me. You might ask, “Can someone save too much money? Is there such a phenomenon in personal finance?” I think so.

This is the article we need right now. Ignore the pandemic and your future...

Sad. I get it. But the article is only relevant to the few who can amass about 3 million dollars. That's the number that I need to live off at age 60.

For sure no one can take all their savings with, in death.

Working until your dead is not saving yourself for retirement.

After 2020, I'm thinking, FUCK IT! I'm blowing it now.

You should save for retirement but not at the expense of your life today.

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