I've been retired for about 9 months now and I have found your piece to be completely true for my experience. I was pretty certain I might have to get a part time job after I retired - but it costs so much less to LIVE (and live well!) that I find don't need to. I don't need to file for social security yet, I don't need to make withdrawls from my IRA - my pension which is less than 1/2 my gross salary is completely adequate.