There are also other people who are on very high incomes who, on retirement, have found themselves to be virtually broke. The difference is that the one group saved and the other group spent. The point being made was that saving makes a difference. If you save, you will accumulate wealth and be in a better position to have a more comfortable retirement when that day arrives. This also illustrates the fact that having high earnings does not necessarily guarantee that you will be comfortable in later years and that it is possible for someone on a basic wage, who saves and manages their earnings well, to be much better off when they retire.
Saving is a basic philosophy really.
If you don t put aside now, then you should not expect to have anything sitting ready for you later on. The key has been proper saving which is linked into sound investment. They have found the secret of consistently putting aside into investments that grow, the sum of money that was set down in their budget and they had never wavered from that plan. It is possible to be wealthy on a modest income. It is all to do with saving and investing and being prudent in your expenditure.