But, you need to realize it is more than a few people who are in trouble with retirement, through no fault of their own. Those examples I gave constitute a pretty large number of people.
We are one of those groups. We went through three layoffs in seven years, all while my husband wa in his late 40's and early 50's. He has a good job now, but in the process we exhausted our savings paying for living expenses and our daughter's education. We never claimed unemployment.
So, here we are, trying frantically to save the amount we lost. We have one unreliable pension, from the first company that laid him off. We have no savings, because we lived on them while he was looking for work.
I don't expect any help from the government other than whatever pittance Social Security gives us, but you might spare a thought to those who have had hard times.
You will do ok.
It appears that 69ConvertibleFirebird is the one who is upset. He said of others on this thread, more than once, in several ways that their problem was a desire to spend irresponsibly. Example pulled from one of his posts: It's just too hard!!!! I had to buy a new car... I wanted a boat for weekends...
I find it ironic, 69ConvertibleFirebird, that you are slapping the 'whiners' for not saving enough because they supposedly all bought new cars or toys instead. That certainly wasn't on Miss Marple's excellent list of life 'troubles' that can occur even if one does save enough to retire. Yes, you are wise and you are set for the rest of your life because of that wisdom. Thing is, 'the rest of your life' could be only a few hours or days. Will you have enjoyed it?
The best things in life aren't things. :o)