” But guess what, the Boomers were savers”
No, they are not. The numbers say otherwise. Very few have saved anything for their impending retirement. Very few.
Me and my wife saved as Boomers. Three out of four of my siblings did not, and have nothing in their late years. Same for my wife, three out of five of her siblings did not save. That's about one-third being savers in our combined families. The other two-thirds are liberals and spenders who waste, and call the others "lucky". Yeah, lucky we had brains not to be wasteful spoiled liberals.