Quote:
Originally Posted by Slava
I think this is questionable. Are some people saving more than they need? Sure. But I've done financial plans for a lot of people in a lot of situations over the years and my conclusion wouldn't be that a lot of people save too much.
Of course, you're right that people have other assets and things like that to fall back on, and that can be sensible depending on their plan. But at a time when people are living longer, spending more and overall doing more in their retirement (at least for their first decade or so), retirement and crossing things off your bucket list isn't cheap.
|
A 'lot' is relative. But in your opinion how many people are saving more then they need.
Also, people who are good with savings or finance may not need your services as often.