Even in Retirement, one may need to buy 3-4 washing machines, 2-3 cars, and may be even a house.
My observation: People typically use white goods for may be maximum of 10 years and cars for may be 7 years. Then, they may have to be replaced. That's why there is replacement demand. And that's how economy keeps humming - that's how we get economic growth.
http://www.subramoney.com/2016/10/retirement-a-reminder/?curator=alphaideas&utm_source=alphaideas
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