> I’d be much, much more worried about the depressingly large number of people who have next to nothing saved
I agree.
> Not a lot of people in that bracket are going to wake up one day in their sixties and suddenly realize they need to drop their standard of living if they want to make it.
If all they've been doing is maxing their 401k and expecting that to be enough are likely in for a shock. I don't know if this person is more savvy than others. They likely have many other tailwinds, like paid off mortgages and kids with good careers that will ease things. But the drop in income is going to be an adjustment is all I'm saying.
I agree.
> Not a lot of people in that bracket are going to wake up one day in their sixties and suddenly realize they need to drop their standard of living if they want to make it.
If all they've been doing is maxing their 401k and expecting that to be enough are likely in for a shock. I don't know if this person is more savvy than others. They likely have many other tailwinds, like paid off mortgages and kids with good careers that will ease things. But the drop in income is going to be an adjustment is all I'm saying.