Quote:
Originally Posted by Unregistered
Don't be sour grape lah. This forum is for posters to share their incomes. If cannot tahan how much other people earn, then don't come here.
$1.8m net worth for a mid 50s couple is just so so only. They are wise to plan to continue working. Especially if they want to maintain their lifestyle in retirement. Once you are used to a certain lifestyle and level of comfort, cutting back on them is going to be painful and difficult.
Like giving up the car. Like moving into a smaller home, like not being able to eat out at restaurants etc...
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You are absolutely right. Why should you lower quality of your living when you retire.
You work while you still having able body. Enjoy current lifestyle. Saving more for retirement. Spend less living time after retirement. Then what you have saved should able to last you another 10 years if you decide to retire at 68. I am the one who support working unless you are physically or mentally no more capable to work. Probably by the time I reach 68, government will decide retirement to be at 72. I will definitely support government's decision.