I think retirement can cater to all budgets. Entertainment is the big thing, some people just can't entertain themselves without spending money, My two sisters are good examples, they both like to travel, whereas the youngest will only go on luxury cruises and tours staying in 5 star accomodation, the oldest does it budget but travels to many out of the way places and is very resourcefull. I know which is the happiest and that is my older sister, she is also innovative at home finding lots of craft things to do. Me I get my entertainment at home on the farm and love my life, just got to have the cows contributing a bit now to my upkeep.
Ken