It’s next to impossible for people at those ages to have that kind of savings at that point.
They’re saving to buy an absurdly overpriced house, one that their grand parents were able to buy with a couple of months worth of savings.
Fidelity lives in a dream world where mountains of cash wash over them every day.
The real world is occupied by people dealing with resurgent inflation that makes their earnings meaningless, since prices escalate at a far higher rate then their paychecks ever will.
Soon to include all of us, even those who did try to save from an earlier age...
They don't care any more. For short term political gain, they are bound and determined to drive us into Weimar Republic territory.
Both parties are responsible, but the Left has injected steroids and slathered the skids with grease.