Ultimately, you're going to need a lot of money.

The emotional response is natural. However, people have to let the intellectual side win, because the only way they will ever have enough money to retire is if they have equity-like returns.

I know a lot of people in their 40s now who can retire if they want to.

The good news is people are living longer, and the bad news is people are living longer.

People are making emotional decisions.

People in their 40s and 50s have to plan for the next 50 years.