Of course everyone’s individual situation will be different from others.
As conservatives, we tend to think in terms of planning out our lives so that we can deal with life’s problems.
We have a tendency to want to save money, and want to plan for the day when we retire ,and to plan for the day when we have to adjust living expenses based on being retired.
Back in the 70s-80s, we had the Reagan revolution to lift us out of the “malaise”.
Inflation is eating into savings at an alarming rate now, with no end in sight.