Contradicting Idiots? I dont think so.

They are mostly worried about having to downgrade their lofty lifestyles. Condo or landed, 2 cars, maids to take care of them, dining out at restaurants, golfing holidays etc.

They just cannot accept living in HDB and taking the crowded trains and buses.

But then you say "they have millions what, why so kiasi?" It is because they are well aware of the burn rate of their current lifestyle and they know only too well how long their fortune will last them once they stopped working. They are certainly no idiots unless they got their wealth from striking toto