IME part of that is wanting to "retire like you're rich". People want to stay in their house near that tech/finance/government hub when they retire even though

IME part of that is wanting to "retire like you're rich". People want to stay in their house near that tech/finance/government hub when they retire even though the property tax alone is more than rent in most cities (or even in the outskirts of that same hub). They pick up expensive hobbies/tastes to decompress from their stressful jobs and want to keep those when they retire. Etc., etc. I'm not advocating anyone go hardcore FIRE but I've talked to multiple people who are saving for a $15k per month retirement.