This is not bad advice, but I have a couple of bones to pick. First, the "growth of assets when older" is a bit dubious. The fed data shows an increase of 1% for 75+, but a loss of 2% and 6% for ages 55-64 and 65-74. This a gain relative to these groups, but this is only a study of three years. There could be all kinds of reasons for this - one that comes to mind is the continuing exodus from the labor force of people nearing retirement age who lost their jobs. Any statistics for the tRump period need to be taken with a grain of salt, and we should not make conclusions with this data. A comparison of similar data over time, or better yet a panel study, would be preferred.

My second disagreement is with the stated goals. The author's plans are reasonable. But I have a different goal. My life philosophy is that you should enjoy your life while here on earth, but that you should leave having left the world or society at least a little better off than when you entered. I worked in corporate cube farms that I hated most of my career. I wanted to do something in public policy that would do some good, but never had the opportunity. So I built up my nest egg, and my plan is to keep it as high as possible when I die, so that I leave some behind for others to do good with. I have set up trusts for two of my universities for scholarships. If I burned it up now, my life here would have less meaning.