[Broken Arrow]

Good article.

I recall reading a different article about how one retiree had nearly 300k in 401k and IRA, but then proceeded to squander it all 2 years after retirement. Consequently, he was forced to go back to work to support himself.

I guess the point is, it isn't enough to have a plan to save up to a certain point, and then decide you can let loose without a plan after that. Sensible money management is still needed to make sure you don't fall back into the money pit.