I have been concerned about that statistic too. However, I was not taking into consideration how the people who have bought for the future and are still working now might affect the average.
Since I am still working, I don't have a good feel for what my retirement income should be. I'm not worried about meeting the everyday costs, but more about being in an environment where I can afford the costs incurred to be a part of the community - playing golf, eating out, traveling. I'm glad there appears to be a wide diversity of incomes which would govern one's lifestyle. It makes me feel more confident that I'll fit in.
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