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Reply to "Why wouldn't you retire on $5M?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I will be happy with health insurance, paid off modest home, $ for food, couple of grandchildren. Have seen elders pass last decade. You really don’t need that much. Crazy, greedy, malcontent people [/quote] Same here. I've gradually shifted over the years from spending money on stuff to spending money on experiences. If you're single, you can retire full time overseas on 30k income. You can even have a nice lifestyle in the US and travel several months a year on under 100k income. But if you're still focused on material goods in retirement then you can easily piss away tons of money. [/quote] I don't want to retire abroad and have to make all new friends. I haven't had enough time to spend with the friends I have in the US.[/quote]
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