Look, you can be old and rich or young an poor, but being old and poor is bad shit.
A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.
All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same to invest more early than try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.
It's scary, but many people don't think about this until it happens to them, it's part of the reason why my struggle is non-stop even when I am worth some good amount of money already, it's better to have a lot of money at your old age than your spending it all and end up been a broke old man.
Old people needs a lot more money at the age because majority of it is going into their health management, a old man without enough money will suffer and it could also be the reason why their passing will be nearer.
The truth is, you need more money at your older age than when you are young, always make sure you think about your old age and prepare for it right now, don't be stupid and think that your kids will always be there for you, they will go their own ways too.
We must strive for a beautiful old age, at least not bothering our children by asking them for financial assistance, so that they can have their own lives with their small families. Regardless of the inheritance they can get from us in the future, and regardless of the child's sense of filial piety towards their parents, do your best not to bother them although in reality the children really want to take care of us in the future. Let them help take us to the hospital for treatment, and we ourselves pay the bill, we need to prepare early.