Well, but don't you have to have a "spare" $1,900 a month to live in Mexico part-time?  I sure as hell don't, even with my "gold-plated" teachers' pension.  No mention is made of kids...we have three, all of whom are attending or soon will attend University, and the expenses of having children stopped us from creating six-figure RRSPs.  However, my retirement will be fine...I'll have plenty to get by on, I'll read, write, paint, bug my wife and possibly even be able to travel, off-season, and on the cheap.