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I spoke the other day about rich people whingeing that they don't have enough to retire in luxury. In today's news there is a 67 year old man who hates his job and wants to retire. However the poor thing only has $700K saved up. This only gives him $28K a year in interest. 
Poor old dear still hasn't paid off his mortgage so how will he manage on that?
How the other half live.
$28k is more money than I've ever had in my entire life lmao. He could downgrade into something that doesn't require a mortgage and could cash out on stocks/bonds. Like the OP states, he wants to maintain a life of luxury and not have to part with his assets. The rest of us will part ways with possessions, move to different countries, eat fewer meals, give away our pets, etc. if we have to.
This fuck could move into something more affordable in a smaller space, but that would mean having to live like some kind of poor.
Oh yeah he should just cash out the 401k, owe a third of it to the government in income tax just for the hell of it, then start renting and live at the whims of landlords all because some internet socialists are mad an old guy did what most Americans do to retire. If he happens to make it to 80 when he'll run out of money he can just start working again np.