Well said, Roger! I like the part I use to hear that you won't need as much money during retirement. You won't need work related clothing, tools, transportation etc. Also, your kids will be financially independent. You may see some savings here but any money saved won't cover the new budget surprises! Twice in the past week I've come across two acquaintances who are older than me and still on the job. Neither tried to tell me that they're working as a choice. Retirement planning is a must and the earlier you start, the better. I am not a great example but glad I did enough pre-planning to be comfortable.