I worked with a guy that had excess of 1 million when he retired. Also has a great pension and medical retirement benefits. He died six months after retirement.
There is saving and then there is Saving. I could do without some purchases but there are many things that I paid for that are priceless. Last I checked the average age for a male to live is still 75. I have to work to at least age 67 probably will have to work to age 75 once Obama is done spending.
Most likely the bulk of my retirement will be split between my kids and the government.
>>I worked with a guy that had excess of 1 million when he retired. Also has a great pension and medical retirement benefits. He died six months after retirement.<<
I retired when I was 50 and the money I had saved wasn’t money that I had put my name on, it was for my family first, I came second. I am confident the guy you knew thought the same way.