The whole society is really structured for people to keep working until 65 or so. E.g. taxes are really progressive, so saving in a high income year and living off that money in another year (with no taxable income) is super expensive. There are tax exceptions for retirement savings but you can’t access that money until 60 or so. Also, the state pays your base pension, but you can’t access that money until 63 or something.
If you make 1M SEK/year (~100k USD) you are in the very very very top of IC’s in Sweden, and your salary post-tax is roughly 68k USD.
Of course you can save a good chunk. Save roughly half, and still have the median post-tax salary.
(And you can save in a less taxed private retirement scheme which can be drawn from at age 55, but at the same time there are implications of not working at the end of your career for the government sponsored pension)
https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...