I'm beginning to come around to the point of view of late best friend HankB. He said that the more he owned when he died, the further ahead he was! Trust me, he was WAY ahead when he died!
Someone said you can't take it with you, but someone else said "I want enough to get there on".
Seriously, I'll bet their are both frugal people and "less cautious" people on every continent. I like to think I'm somewhere in the middle.