Imagine yourself at 80. You don't have the stamina for a 12-hour flight. There's no way you can hike to the top of a mountain. When your long-term care policy runs out, all your assets are going to be spent down until you qualify for Medicaid, and, unless you saved millions, you'll die with nothing. Some people prefer to have memories of actual experiences (not that going to the same all inclusive resort counts as experiences, but a trip to Hawaii certainly does).