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Daryll40 writes,

<<<<I guess it can be done if you don't mind a steadily declining standard of living, but it doesn't look appealing. intercst >>>

Actually, I think a case CAN be made for a slowly declining standard of living for people retiring "NORMALLY" around age 65. Certainly it is BETTER to do it the FIRE way, but for those who cannot, the truth is that somewhere between age 70 and 80 most people won't be jet setting every month and having wild sex on exotic beaches. Yeah, health costs will mount to offset that. But for people of moderate means the "live well from age 65 to 70 or 75" plan can be a good substitute for trying to maintain a lesser lifestyle all the way to age 90+.

I agree that it's reasonable to assume that you'll slow down and spend less money on vacations and things at age 65, though your medical costs may well start to rise at that age.

Dominguez experienced his "steadily declining standard of living" due to his "all fixed income" strategy from age 29 to 57. I think most of us expect to be fairly active during those years.

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