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[quote=Anonymous]No. My parents have lived frugally, saved, and inherited from their parents. They also have multiple pensions. Their prime earning days were during the years when people were given good pensions, and it was possible to buy a house for a reasonable price. It didn't take two incomes, either. I'm glad I don't have to worry about them.

I have no savings, no pension, no property. I'm frugal, work hard, but no companies I've worked for have offered pensions. When you are choosing between paying rent and putting food on the table, and putting money into a retirement plan, sadly, today's needs must be met first.

My parents' assets will be bled dry to cover their end care, as there is cancer and dementia, so I wouldn't expect to inherit anything. I have one grown child who is doing well, and I will ask nothing from him. Over the course of my life, the expectation of pensions, reasonable housing costs, and the ability to save evaporated for my income level. I'm surrounded by hard-working people who have nothing in their later years. [/quote]

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