Obamacare changed the asset requirements for states that signed on to extended Medicaid. Assets aren't looked at, just income. Same with the VA....
It is true but none of those people are in the 70 million yet. Next year it might be 80 million because of thos states but my poit is that if you factor in some 90 million people with no assets or less than 2000 it makes for a lot of people with no retirement.
Actually, they do check for assets. I know first hand from some people looking into it for VA etc.