I have a single friend in his late 30s. He makes several hundred thousand dollars a year. He lives in a big city. Professionally secure. Owns his own home.
Last year he saved 50 percent of his gross income - wow!!!
He's concerned that he is saving too much. He's having fun, dating, going out, enjoying vacations - I think he's happy with his lifestyle. Should he save any less?
He's incredibly eligable. Within five years he'll be married with children and living expenses 50-60 percent higher than now - why shouldn't he save?
What do you think? What would you do?