The sweet spot in retirement for many people is 74 years old. It’s perfectly situated between the high-energy “go-go-go” years of early retirement and the more sedentary “go-slow” phase as the 80s approach.
For the top 20% of earners, spending at this age will be higher than the average retiree. This is largely in part due to their desire to maintain a high standard of living, which will naturally cost more money.
