disgraceful_admin wrote:Can you please help me understand why you think it's so wise to haved saved $100,000 over the last decade as you claim?
What are you going to do with the money you keep saving? Buy a car in cash when you're 50?
The point of money is to spend it and make your life better, not to save indefinitely. You're not making enough that you'll end up with a life-changing amount in savings, all you're doing is depriving yourself of everyday pleasures that added up make your life reasonably better.
First of all, OP says his net worth is 100k, not that he has 100k in the bank.
Second, there are lots of good reasons to have 100k saved/invested. House down payment, retirement savings, rainy day fund, future car payment, future family expenses, etc. This is all pretty ordinary stuff, and 100k net worth isn't enough to fund it all.
Finally, financial stability/security is an everyday pleasure.