[mbynack]

But additionally, I think there is a demographic factor. Baby boomers, of which I am one, are simply going to be spending less from here on out. My kids are grown, so I’m not buying stuff for them anymore. I’ve bought and furnished my last house. I no longer need four cars and the two that I have I’m going to keep around for awhile. I’m socking money away for old age.

I agree. I'm 55 and I don't plan on making any more major purchases in the foreseeable future. We actually started planning for this about 7 years ago.

[henkster]

Same here; I’m 51 but the only expenses left are to put the kids through college. We have a nice home in a nice neighborhood and don’t plan on moving or any major upgrades now that the basement is finished. The cars are paid for and well-maintained; I’ll keep them until they are ready to return to the soil from whence they came.

Most people in my age bracket are doing the same (if they have any sense, that is).

[EVO X]

I agree. I'm 55 and I don't plan on making any more major purchases in the foreseeable future.

Ditto that. I am of similar age. I am probably about 2 years behind schedule where I would like to be with retirement. So it is save more, spend less. My lifestyle hasn't changed drastically, but I do a little bit less of everything..