My mom was just talking about this like two days ago. She was saying how my dad's been saving for his retirement since he was like twenty.
In most jobs (especially federal ones) they make you have a retirement fund.
My dad works with the stock market, and his job makes him put a certain amount of his paycheck into the stock market towards retirement.
And what's bad about having money? I have money, but I'm one of the least spoiled kids in my town. It's all about limits.
And debt is nothing to be worried about. If you have a morgate, which almost every homeowner does, you have debt. You just have to know how to manage it.