Good discussion here. My husband retired from employment in his 40s (to work on and manage rental property). He previously worked a blue collar job, sailing on the Great Lakes on the ore boats. I know a number of people from that background. Plenty did fine financially, partly because there wasn't a lot of opportunity to spend money. Some of the old guys retired, lived in a single wide, drove an old car, and died with a million or two in the bank. Some spent too much free time on the boats gambling or drinking and things didn't turn out so well for them.
I became a professional, but came from a small farm in a small town. Never acquired much of the taste for the expensive life. I always have felt a bit insecure about money. I am from a family and a community that would consider it unseemly to have too fancy a house, clothes or car and your "stuff" was not considered a topic for discussion.
Then again, maybe all the people who came from rich parents are on another, secret, retirement board for those with 10 million or more in assets.
I became a professional, but came from a small farm in a small town. Never acquired much of the taste for the expensive life. I always have felt a bit insecure about money. I am from a family and a community that would consider it unseemly to have too fancy a house, clothes or car and your "stuff" was not considered a topic for discussion.
Then again, maybe all the people who came from rich parents are on another, secret, retirement board for those with 10 million or more in assets.