We all have a choice. We can choose to believe or not. But no matter what, we relate best to things we can understand or are familiar with. That is, we have tendency to treat things that are out of our expectations to be untrue/unbelievable.

But will shutting out things we dont believe help us? Does it make us feel comforted, better?

I was looking at through the internet for discussions on how much one will need for retirement, and found a few discussion threads- mostly by Americans and British people, and the amount they said they need for retirement can be from $500K to $10M.

In one thread, the ordinary folks said that $500k should be enough to see them through retirement, and yet many are not able to see themselves saving that amount even though they are already in their 50s and still working.

In another, posters are whining that with $5M in savings, they will not be able to retire at 55 and have to slog on till 65 in order to sustain their dream lifestyle of carefree travelling, eating at fine dinings etc..

I thought maybe that's what we need here. Two separate threads for the different income class.