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Looking it a the glass half full, this implies that 56% felt that they had saved enough for retirement, which is higher than I would have thought.
The biggest reason for the problem is the government steals your savings through inflation.
Do you have any idea what your costs will be in 20-30 years time? Good luck with guessing.
When retirees lived on average 50-10 years after retirement it was not so bad. Retire at 65, die at 70, now you retire at 62 (to make way for the younger different skilled person), and live to 90.
All governments at all times look for ways to steal your money. The easiest is just inflate the hell out of the currency.
Do you really think that there is any way that the US can repay $35tr in todays dollars?
Go the Zimbabwe, Weimar route and it is simple.
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