Agreed. Comparing wealth with others in itself is not constructive. But we should not totally ignore the financial aspect of living.

In life, it's always about balance. Even at work, younger workers nowadays demand better work life balance. If not, they will leave for the next company / job that gives them the work life balance they seek.

Therefore you cannot over emphasize one aspect over the other. As long as you are alive, you cannot ignore the financial aspect. If You can live simply all your life then you don't really need much. If you want to live a little more comfortably, obviously you need more money.

While it is within our control to choose to live simply, comfortably or luxuriously, we cannot know when our last day will be. This unknown is what makes people plan their finances with buffer. And they plan the finances not just for themselves, but also for their loved ones, especially if they were to die young and their children are still young.

People do recognize that some wealth is necessary to sustain good health and life. The big question is how much is enough. This magic number is different for everyone. And that's why we come to this forum to see what others think and accumulate.