This subject is an area where the failed expectations and the controlling nature of the JW religion can really be felt. Being disappointed about failed expectations is one thing but the adverse effect of finding oneself in the latter days of life without a comfortable means of support is something else. True, a lot of people fail to make proper plans for the future but the Watchtower combined retirement/insurance plan is woefully lacking in any payout.
I wish I knew 20 years ago what I now know to be true and had started a regular savings plan for just a modest amount. Compound interest is a wonderful thing. It is important that everyone consider the effects of untimely death and make sure that dependants are adequately cared for after our unscheduled demise.
A while back I wondered what my JW elder and oldest brother was doing for retirement savings and asked him in a round about way but he declined to give an answer (he did a lot of that until he stopped corresponding all together). Like Anne, I have been acused of being materialistic by my parents but that I believe was spoken in frustration that I am far away and cannot be controlled by them. I do have a much better standard of living than they ever had but that is partly because I have a career (unlike my Dad) and made choices in life based on my working skills and have been prepared to get an education, retrain when necessary and relocate. Part of that process now includes planning for the post-work period of my life and I think it bugs my parents when I discuss plans for son's college education, his career and my retirement. In the 1950's when my parents became JWs armaggedon was 'just around the corner', and it still is...it's some corner is all I can say.