Nope. Proper healthcare costs are truly an afterthought in most if not all parts of Europe, same as public transport tickets or cafeteria budgeting. Of course t

Nope. Proper healthcare costs are truly an afterthought in most if not all parts of Europe, same as public transport tickets or cafeteria budgeting. Of course this doesn't cover non-medical stuff but under normal situation one doesn't need much of that apart from good suncream (which is required anytime anyway). I firmly believe that the problems of cashflow during retirement, outside medical costs discussed here which are very US-specific, are much more about lifestyle choices. If one desperately needs that luxury they bathed in in last 30 years and it became the base standard life, then there is tough time ahead with possibly sad outlook. We all know more humble life leads to more happy life long term at this point, so to each their own. Why I believe this - the most awesome memories from my life is doing stuff that costs very little - long backpacking trips around the world where plane tickets there & back are maybe 50% of the cost of 1-month long adventure. Doing many awesome sports one can do in the mountains (hiking, climbing, via ferratas, ski touring, paragliding, etc.). All these need initial gear investment and then just gas costs + rare equipment replacement costs. These activities also highly increase chances that one reaches retirement actually in good shape, and can relatively kick ass till 75-80. I expect to be highly active during 60-70 retirement, based on genetics in my family. And a bit of luck obviously, one needs that for everything. While doing these activities, I've met tons of people who are properly age-retired. During work week (maybe outside of July&August tourist seasons), you will find that most hikers in the Alps are retirees for example.