A lot of bloggers, particularly the more seasoned ones (Ahem! That would be the OLDER bloggers!) are talking about frugality, lifestyle changes and altered goals in the face of our current economic situation. Morrison at "All Doors Considered" has addressed this issue in several posts, as has Syd from "Retirement: A Fulltime Job".
One of my anonymous commenters took issue with Syd's lifestyle, quite as though everyone has the same goals and wants the same lifestyle when retired. Syd chose to retire earlier than most folks--that means some careful conservation of financial resources that those of us who retire later won't have.
It was a choice. She made hers and she's enjoying living with her choice.
Tony from "My Road to Freedom" says he's fine, living on $13,600 a
year. He lives in an RV by choice, doesn't stint on his hobbies, one of which is gun-collecting, and clearly has savings because he's in the market for land on which to park the RV. His lifestyle is a far cry from what I want in my retirement, but it obviously suits him, which is the point.
Another of my anonymous commenters (why don't these folks ever put their name to their rants?) has nothing good to say about today's "forced frugality," insinuating that those who say they've learned from this crisis are deluding themselves.
I don't know if he/she is right, but I hope not.
With all the money in the world, I'd probably live in a McMansion. But to be comfortable, I can make do with much less than that.
Watching every penny for the rest of my life would be a depressing prospect. But paying closer attention for the next eight years, so that my retirement years will be adequately funded doesn't seem all that bad.
It's becoming clearer to me that practicing a moderate level of frugality both now and in retirement will allow me to live out my life in comfort if not excess.