Is it any wonder why the average retirement age in the United States has crept up past the 60 year old mark (62 according to Gallup)? If the stats that were graciously put together all in one spot from Becoming Minimalist are any clue, then this retirement phenomenon, unfortunately, should come as no surprise.
Let’s take a look at a couple of my favorites from the article.
The average size of the American home has nearly tripled in size over the past 50 years (NPR).
Wow! Lifestyle inflation at the maximum. Complete with large foyers, huge entertainment / game rooms, over-sized kitchens and an expansive garage (aka “storage space”), these mega-homes are becoming more and more normal in the United States. Huge homes are nice to look at, but they also need to be maintained. Maintenance on large homes is not cheap. Speaking of garage space… Continue reading “Lookie there! Stats prove American ridiculousness”
Over the last couple of years, my wife and I have transitioned over to a philosophy of spending money on experiences rather than stuff – like trips to Sedona, Disney World, Glacier National Park for my birthday this coming July…even a pumpkin patch last October to get us into the mood for Halloween.
We simply enjoy experiences a lot more than stuff. To both my wife and I, the excitement of buying more stuff just wears off much too quickly, which generally leaves yet another object that once brought a smile to my face in the back of a closet, or a car that has just become any ol’ car rather than (cue exciting sound effect) “a Cadillac”. Continue reading “Lookie there! Spend money on experiences, not things!”
Welcome to the very first installment of “Lookie There!”, a series of posts that are designed to highlight interesting, thought-provoking or downright weird financial news or opinions from others bloggers on the Internet. The idea is to find the most interesting content out there and talk about it – right here.