Seems sort of wrong that a person can’t afford to retire in their own country, on the pension provided by that country.
A lot of things are going to seem VERY wrong as our economy crunches. Like paying 50 year old retired govt employees 110% of their salary in “pension” for the rest of their lives, while we go hungry on our 401ks. WHen the wheels come off, it will seem worse than wrong, it will seem criminal. And then it will get ugly, as in France, 1780s ugly.
That would be a great time to be on a beach in the PI.
Ponzi schemes are notoriously unfair.
It would be very practical to live on retirement income in the US if the Feds did not take 15% of your salary as retirement income and blow it on toilet seats. Then they have the nerve to pay you less than 10% of the value of your investment until the day you die and not a second beyond. No inheritance, no face value, nothing. SS is the enemy of retirement security.