This article seems to suggest that since most pensioners get by on 1.7million, workers should all be fine with 3mill. No way! As a retired pensioner, I am more than happy to have had a far higher salary when I worked, and now am receiving far more income those figures without work. Money has given us options - to retire early, to donate to charity, to travel extensively. Those options disappear without better incomes.
The secret is securing multiple income sources post-retirement by long term saving, investing wisely and being lucky. And having two very good incomes.
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