"Not retiring" in the US will be more dictated by inability to purchase a home than Social Security.
Look at all these people around you in their forties who are still renting. They are basically too late to buy. They will be "forever renters". This means they will have to work until death, as their rents continue to rise when their peers who owned homes took their downsizing premium and lived off of it for a few years.
What's crazy is the number of grown adults who think their 401ks will magically grow to fill the gap.
Look at all these people around you in their forties who are still renting. They are basically too late to buy. They will be "forever renters". This means they will have to work until death, as their rents continue to rise when their peers who owned homes took their downsizing premium and lived off of it for a few years.
What's crazy is the number of grown adults who think their 401ks will magically grow to fill the gap.