See also increase spendor risk dywith2much unused cash #ZhuRong

Rahul pointed out that his grandpa is 95 and doesn’t want to spend on anything including renovation of his home. Presumably, he enjoys a simple lifestyle? I agree that this grandpa might pass away with quite some money, but that amount is not really significant even if given to a single heir. I feel the only meaningful way to use that money is helping out an offspring that’s financially struggling.

I also agree with Rahul that it’s better to spend most of the money on himself to “ease his life” as Rahul puts it.

Rahul is not advocating lavish squandering. I singled out overseas vacation as unworthy squandering.

Q1: how would I increase my spending on myself (not kids or wife) before it’s “too late”?

• 1) keep working till 75 but on the back of my savings, choose a lower-paying job that’s less stressful and more fulfilling
• more family reunions with grandma, sister etc
• more staycations — low-cost, short trips
• fitness classes; personal trainer to improve my flexibility, weight etc
• fancy (healthy) fruits and (cooked) veg
• mountain climbing trips

Q2: i don’t know what “too late” means to me