Right.
But there are entire swaths of the county who plan on, are counting on SS to be their retirement.
They did not start saving early. Or at all.
There are those who do not feel they need to or should and are counting on some kind of government social program to pay for everything from housing, to healthcare, to college debt et.
I think those who did or are saving, are going to be the ones who look around and say, “I did everything right! Everything I was supposed to do! Not be a burden on anyone else! And now those who did not, are being rewarded!”