Some people have the tendency of making conclusions based on their own circumstances. The conclusions are always wrong.

Lets take the above example, just because he cannot achieve $6m in his lifetime, he wrongly concluded that 99.9% of Singaporeans cannot achieve it. You wonder if he is plugged in into whats going on in Singapore.

By making such conclusions, it also revealed a few things about himself:
1. He is not wealthy
2. He is self centered - using himself as reference for whole of Singapore
3. He is envious of others - when you are overwhelmed by jealousy, your judgement is clouded and you cannot read and interpret what is written properly

The first poster didnt say he needed $6m to retire, he said he needed $3m. And thats because he wanted to support a $7k pm lifestyle in retirement over 35 years. He just wanted a 100% margin of safety.

If you can live a very simple and basic lifestyle in retirement, you can retire with much less.

Just remember one thing. The guy who planned for a basic lifestyle will have no room to maneuver when things go wrong. On the other hand, the guy who planned for a more comfortable lifestyle can always downgrade to a simpler lifestyle when the need arises.