[Vermont Lt]

I think you might have taken my comment too personally.

I was trying to convey that most retirees these days have too much debt and need too much money to cover their “living” expenses.

I do t have any meaningful debt, and I own my house and cars. With a modest rate of return I could live to 110 without touching my Social Security.

But I am afraid you and I are not “normal” these days.

[Wissa]

I was trying to convey that most retirees these days have too much debt and need too much money to cover their “living” expenses.

Yeah, for too many people a nickel will burn a hole in their pocket until they can spend it, and then they carry it to the next level and take out a loan so they can spend money they haven't earned yet.