I suppose you could say that, although by US standards I'm far from "elite". Generally I think people should focus on maximizing their "life happiness". It's not my parents responsibility to scrimp and save to make my life better after they have passed. I would much prefer they spend their time and money enjoying their time here. I'm not suggesting they spend zero on me, I'm just saying they should not be unnecessarily frugal their entire life for my benefit. Obviously there are trade-offs. They have helped me in many ways (as parents do) which has contributed to my high quality of life. I'm suggesting that they enjoy the remainder of their lives as they wish.