Should I convert discretionary expenses to savings?

It may surprise you how much you can accumulate for retirement simply by foregoing a few luxuries such as a one-time purchase of a boat or cabin, or trimming back recurring monthly expenses such as eating out, movies, magazine subscriptions, cable tv programming, video rentals, vending machines, etc. Use this calculator to determine how much you could accumulate for retirement by saving instead of spending.
Expenditures
Cost of foregone item (one-time purchase) ($) 
Cost of foregone item (monthly recurring) ($) 
Number of times per month 
Number of years until retirement 
Assumptions
Annual inflation on recurring item (%)help
Before-tax return on savings (%)help
Marginal tax bracket (%)help
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