here

It's all stuff I read before, although this writer suggests paying off the mortgage asap. All the advice sounds reasonable if simplistic. 'Pay off debt because you don't want to be in debt' type things. And they make reference to the suggestion of saving 15-20% of your income for retirement. Some commenters take issue with that, and think they will deny their children of stuff (education, clothes, food, whatever) if that is true. Others pointed out that you can get educational loans but not retirement loans.

Actually that isn't true, you can now get reverse mortgages; if you own your home and are above a certain age, you can receive a steady income from the bank with the expectation that when you die, the home will be sold and it's equity given in part to the bank. It seems like a pretty good deal actually, although I am sure there is fine print. Banks are in business to make money, so there must be a catch.

Further, one commenter said that the inflation rate is 6% and the unofficial rate is twice that. The inflation rate for this year will actually be about 6%, but in the last 5 years it was between 1 and 3% (see here). So, anyway, take what you read on the net with a grain of salt (or a gallon).