Funny thing is, I kinda agree with him. I’ve never worked 9-5 instead I worked a LOT more than that for 40 years. Worked my way through college as well an still graduated with honors. Was made redundant at 42 and started a company that has, according to most, been very successful and provided very good jobs for me and a lot of others. Still, I don’t feel secure. My life is full of deferred compensations and pleasures. So is my wife’s. We saved like fiends for decades and still we are not secure. Nobody is. Life was not meant for retirement. Only that one little charmed generation enjoyed it and we will all pay for it for ages.
I can't recall anyone from the prior generation; before WW2 and the baby boomers who had a pension. Best that I can figure those folks were cared for by their children or perhaps if they had wealth were on their own.