Personally, I’m still building for retirement. I have way more than enough to live every month, but way less than I’ll need to retire and be able to spend my early retirement (healthiest remaining) years traveling and still be confident that my spouse (with longevity in her family) will be well taken care of financially if she lives as long as the rest of her family tends to.

Retirement savings (and to a lesser extent because the numbers are way smaller, college savings) drive the need to accumulate 25x your annual expenses.