OK. We can put travelling aside (it's not for everyone anyway). The debate is really about deferred gratification. You did say this: From my POV, having money when you're old is absolutely not 'just as good' as having it when you're young. That's not a call you can make until you're in your 70s and can weigh up whether you'd trade any regrets you have for less of what you have now. Your tastes and needs definitely change, but there are things you simply cannot do once you go past certain ages, and the older you get the higher the risks of health concerns become. For mine it's not a case of 'doing things when you're young is better' but a case of striking a balance between living in the present and planning for the future.