If you’re looking for negative commentary about your retirement prospects, you don’t need to look far, or dig too deeply. Predictions of desperation for the elderly of tomorrow, of the “crisis” that awaits them, are everywhere. And they’re utter nonsense.
How you know this firstly is that the elderly of tomorrow are the people, and the people are the market. These blanket predictions of “retirement crisis” ahead presume not that one or thousands of outliers will reach their proverbial golden years with too little in reserve, but that retirees broadly will reach the end of their working years with insufficient funds.
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