If we have good intentions to save and are disciplined then we can be happy in old age, many things are often unexpected in old age, and the problem that often occurs is health, parents get sick easily so they need big medical expenses, apart from saving things most importantly from now on we have to follow a healthy lifestyle, leave junk food and eat lots of vegetables from the results we plant.
if we invest a lot then there is nothing to be afraid of. The investment that is meant is not only money but education, health which is taken care of from an early age and good treatment of those around us, so that our old age will be calm.
and it's true that we have to prepare for life in old age, and everyone will think about that when he grows up so that when someone has thought about his old age, he will save and invest more.
but everyone has a different way of living in their old age, and of course, all of these people still want happiness, calm and also peace in their old age.
Indeed.
People do not fall into the life that they want, they fall to the level of their standard. IF a person's standard is to do amazing things and work hard, they will do amazing things and work hard. You cannot take it away from them. That's how everyone is different from living another's life. It is a matter of what they are chasing. Happiness? Stability? Excellence? Hard work? Serenity on a farm or a bus workload on a business firm? This then leads to how people would take risks in their life. If one would aim higher, they would risk more and greater. If one wants to be stable in their forties, one would make good investments in their twenties.
Just be prepared for any kind of recession and difficulties. Protect your assets. Don't and never be a slave to money. Use it as a tool and as means of freedom that everyone was seeking. True happiness comes from adventure, not security. Good things comes from good risk taken.
I'm not really sure who's the wrong in this situation and who should I blame, but few things in order to make you survive and doesn't suffer financial problem are:
1. Make sure you don't save your money, but invest on few commodities e.g. Bitcoin, gold, stock, real estate etc.
2. Have a small business in your home, it's better if you have an autopilot business where you don't need to work anymore.
3. Teach your children how to use money in a correctly way, don't overspend and use it for luxury lifestyle.
When you're still 25-40 years old, it might be the peak of your career, don't think you can work until you're death because an old people can't compete with fresh graduate young people.
One of the best ways to save money before getting old is to start a business with some of your savings. As the family's head of household, giving your wife some of your savings to launch a business is beneficial and will also generate income that you can use to invest in bitcoin before getting old. Although no one can predict the future, taking action now to benefit yourself later on is crucial.
I've seen a lot of people who work a regular job and also managing a family business to ensure they never lack anything, and I'm confident that even if they retire from their jobs, they won't be in need because they established their goals in advance.
It is either you take a good investment or you create a business that would start a good investment. Wealth is a creation. Not being a slave. Work hard, save as you much, learn on the side, establish a system, create, trust your system, invest, take risks, rinse, repeat. That's how you play the game. You leave a legacy for the people around you. Be willing to risks because that's where gains start and grow. Anyone can. One simply can. It is a matter of whether a person is willing to do things that are required for financial freedom or not.