Save every third penny! I worked too hard to get every tool and toy I wanted and get it all paid off before retirement! Missed vacation and fun things in the hopes of enjoying my old age. Nice plan, didn't work, too sick, tired, or just plain unable to use those things now! Time is getting shorter, I suggest you enjoy a little while you still can!
don't be a mizer and its time to think about your life in twenty years so start saving some but by all means enjoy your life so when your old and rocking in a chair more hours of the day than sleeping you can think on your life and have a smile that every one will think your crazy
How about a compromise? Have fun, but save/invest your extra money for retirement. Being old, losing your earning power and living in poverty is NO fun. When I was young, someone told me to look at my life and decide if I would need money when I retired, or if I needed it more now. We were living on shoe-strings..putting all our money into our cattle ranch. I decided we needed to keep putting all our money into our ranch and when we were old, it would support us. I'm now retired and I was right....the cattle ranch is supporting a very good retirement for me now!
go half and half. Take the left over $ and put back for retirement and the other have fun with. There is nothing worse then being retired and having time to do things but no $ to be able to do anything. I see that all the time