2 days ago, I wrote an article exploring the timing of retiring during a financial meltdown and explain the immense advantage of not drawing down the wealth during that period.

Since then, I received an email from a long time reader, perhaps pointing out some things that I do not get so well.

Since he is also a retiree, he presents his perspective how retirement can be better structured.

His reply to my post:

I felt compelled to discuss this issue.

Having retired at age 60, XX years ago, the philosophy is not how many years the amount of money will last. We should plan it to last in perpetuity.

Your article based on American literature of Karstan from Early Retirement Now reflects just that. It is contradictory to our Asian culture whose belief is to plan and extend wealth in perpetuity not in 30 years but also for inheritance.