Thank you, I had the same reaction - there's a nugget of truth here, but the article can't find it due to the author's innumeracy. In my experience, the typica

Thank you, I had the same reaction - there's a nugget of truth here, but the article can't find it due to the author's innumeracy. In my experience, the typical aging parent who has some-but-not-a-ton of assets (a house, some stock, maybe a small rental property) considers that money to be their retirement fund, and intends to spend most of it.