I've never met a retiree who's complained about having too much money.
Having €1m in property is very different to a pension fund in that if he needs a lump sum of cash in retirement, he can't access it.
although I've always had a good salary I never seem to have spare cash to invest in things like pension or savings. I guess servicing mortgages and loans for deposits would have been one factor.
Steven - good point about lifestyle on 40 k but I don't have an extravagant lifestyle- A lot of my salary has gone on paying mortgages etc. I imagine I could survive very well on half my salary or less.
Ire property 3- 4.8 % 100 k outstanding
Ire property 1 - No mortgage
Ire property 2- 0.75% 75 k outstanding
Ire property 3- 4.8 % 100 k outstanding
UK property 0.99% £400k outstanding
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