At least in Australia they will be fine. 11% of your income is taken before you receive it and put in to retirement funds. It’s also taxed at a much lower rate.
To end up at retirement age without any savings accumulated, you’d have to either have been unemployed for your whole life, or run a business/be self employed and never make any contributions to retirement savings.
To end up at retirement age without any savings accumulated, you’d have to either have been unemployed for your whole life, or run a business/be self employed and never make any contributions to retirement savings.