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Not necessarily. What if they retired at 35, planned accordingly, and died nearly broke? They were rich (in wealth and investments) when they retired, but it slowly trickled away.
I have zero expect or desire for my parents to leave me any money when they die. They raised me well enough to take care of myself. I would rather them not die rich. I'd rather have them retire earlier and relax more than work longer so they may have money to leave us.
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They passed away when? This mean he/she was wealthy for certain amount of time.
What I am trying to say, is what I said: That is not a measure of a person how rich someone gets. At least they will not be more valuable to the people/community around them.
They passed away when? This mean he/she was wealthy for certain amount of time.
Who cares? Some people habe zero desire to be wealthy, be it with possessions or in the bank account. I am not one of them, but in some ways I admire those that are easily content with what they have.
Not necessarily. What if they retired at 35, planned accordingly, and died nearly broke? They were rich (in wealth and investments) when they retired, but it slowly trickled away.
I have zero expect or desire for my parents to leave me any money when they die. They raised me well enough to take care of myself. I would rather them not die rich. I'd rather have them retire earlier and relax more than work longer so they may have money to leave us.
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This is what I want for my parents and in-laws. My Great-Aunt sat on money. It grew and grew and grew. We told her she was going to die rich and never do anything cool or exciting. She died and she left us all money and a charity. I thought that was SO SAD. She should have lived and enjoyed that money!!!!!
Quote:
Originally Posted by Info Guy
If you spend your wealth on depreciating items than your wealth is decreasing.
YES! We spend money on the things we enjoy doing. We earned it, we spend it! As long as we've saved enough for retirement and the things we need, what is left over is there to spend as we please. Money is no good to us when we're dead.
Quote:
Originally Posted by Info Guy
I don't. What are you trying to say?
The poster's goal, if I understood right, is to enjoy life. He who dies with the most doesn't win. I think he who dies with the most people mourning him wins.
What I am trying to say, is what I said: That is not a measure of a person how rich someone gets. At least they will not be more valuable to the people/community around them.
It depends. They could be doing volunteer service while being wealthy. Lot of the people can't do that without wealth.
Who cares? Some people habe zero desire to be wealthy, be it with possessions or in the bank account. I am not one of them, but in some ways I admire those that are easily content with what they have.
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I know. Wealth to me is security. Not materialistic.
This is what I want for my parents and in-laws. My Great-Aunt sat on money. It grew and grew and grew. We told her she was going to die rich and never do anything cool or exciting. She died and she left us all money and a charity. I thought that was SO SAD. She should have lived and enjoyed that money!!!!!jkj
YES! We spend money on the things we enjoy doing. We earned it, we spend it! As long as we've saved enough for retirement and the things we need, what is left over is there to spend as we please. Money is no good to us when we're dead.
The poster's goal, if I understood right, is to enjoy life. He who dies with the most doesn't win. I think he who dies with the most people mourning him wins.
So what did she do in her life? Profession? Money can be spent for fun as long as one is still secure financially after spending it.
So what did she do in her life? Profession? Money can be spent for fun as long as one is still secure financially after spending it.
My Great-Aunt? She was a housewife. Her husband was a banker in London who died back in the 70's. She died in 2006(?). To the best of my knowledge she never dated or remarried. She had a lot of money, but I think she would have been happier if she did something with it besides being wealthy for the sake of being wealthy. It's not like she grew up poor and clung to it. I'm not going to be like that.
He who dies with the most toys wins. That's the saying I've heard. My purpose in life is not to accumulate wealth. There are so many other ways to live life.
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As long as we've saved enough for retirement and the things we need, what is left over is there to spend as we please. Money is no good to us when we're dead. 
