you remind me of the best days of my life when I was at UCLA conducting my research. We did load of surveys and people tend to commit to common psychological optic - using our own circumstances for deduction. Modric, like us, utility maximizer, but with his very own situation. He does not think that becuase there is a random person that could live for centuries with his current savings, he would be very satisfy with what he got. The maximization take a whole new levels. Secondly, when people retire they often face with common crisis. Starting a new adventure require knowledge and skills and itis uncertainty that makes people collect as much as they can before facing the life after retirement.
However, I just bluff most of the time. You have the right perspective.
Back to the topic and Praise for Modric to come here.