You are on the correct path, grasshopper. One book I highly recommend:
The Bogleheads Guide to investing
by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf
Truth be known, at age 68, I could indeed buy a new 911, have the gold rolex, a mcmansion, etc...if I wanted to.
But why go broke just to impress people you don't care about?
Seems to me some people just can't stand having cash that works for them. I can...