Well, your spoiled kids and grandkids who say they want to spend every dime that graces their hands now have support from a Nobel Prize-winning theory (see article at marketwatch.com, Young people shouldn't save for retirement, new research says - MarketWatch . Just spend like there's no tomorrow and enjoy your youth I suppose, cause what good is it having a bunch of savings when you're too old and decrepit to enjoy it. Viva la vita dolce.
Regards,
Douglas