[Chocaholic]

And if you happen to live to be 80, how do you plan to pay for food, clothes and shelter? It's irresponsible to live only in the here and now. Are you counting on your kids to support you? Are you counting on your health to always enable you to work? Are you counting on the government (my tax dollars) to take care of you? I understand your skepticism in the market, I share many of your concerns. But, it's like (so-called) global warming. You can't draw reliable conclusions over events of the last week, month or even year. Look at the market over many years. It's been a reliable ride up.

Balance is key. Enjoy life, but not at the expense of your old age. Heck, if I don't make it far enough to use my retirement savings, I'm happy to pass it to my kids to help them enjoy their lives. So....answer the original question....how are you preparing for life beyond your working years? And, if you're not, why not just say so?