Though I agree with you small, but at my side there are many retirees who do get there pay and do end up a beer palour to drink and gists with his friends (that's why I said if the retiree do not plan well, he or she may just misse the money).I think that you may not actually misuse it if you know what you are doing and if you are sure about the outcomes of your investments. It all depends on your investment strategy.