Yeah, that's part of the problem: our life expectancy has gotten longer, but our assumption of when retirement should happen hasn't. (At least, not officially.) There's a big difference between saving for those last five years of your life, if you even make it that far, and saving for thirty fairly likely post-productive years. There was a golden zone where it seems to have actually been possible, but it was short-lived.
Mind you, with the way health in the U.S. is going, I believe our life expectancy has actually started to drop. So maybe we'll solve the problem by another route. >_<
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yati
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Date: 2014-10-28 02:07 am (UTC)Mind you, with the way health in the U.S. is going, I believe our life expectancy has actually started to drop. So maybe we'll solve the problem by another route. >_<