I think there are many other use-cases for savings than just retiring earlier (e.g. Jeff & Julia’s mercury catastrophe, which cost $50,000 to clean up).
This is certainly true! Money can buy almost anything, including security against future disasters. I’m only making a personal claim about myself and my own use of money. I personally often feel like giving is the form of spending that will make me “happiest”, because it feels like a direct path to me getting a sense of personal satisfaction in a way that saving often doesn’t.
I think there are many other use-cases for savings than just retiring earlier (e.g. Jeff & Julia’s mercury catastrophe, which cost $50,000 to clean up).
This is certainly true! Money can buy almost anything, including security against future disasters. I’m only making a personal claim about myself and my own use of money. I personally often feel like giving is the form of spending that will make me “happiest”, because it feels like a direct path to me getting a sense of personal satisfaction in a way that saving often doesn’t.