[chris_bdba]

You know, this keeping the same standard of living is a big fantasy.How can anyone think that they could keep spending like they were working and be ok? There is no way to tell 20 years from now what the cost of living will be so thinking one can keep living like they always did to me is a complete dream.When you rtire you pay your bills,buy food, nd save the rest for emergencies anythng more and you risk needing a part time job when you are 83.

[MV=PY]

How can anyone think that they could keep spending like they were working and be ok?

If you spend less than you make, you can save and invest enough to allow you to spend at the same rate for a while without any income. If you plan well, you can call that "retirement."

If you stay out of debt, interest works in your favor instead of against you.

That's how you can think that way.