re: #435 Dopamine Fish
I’m nearly 40. The “financial advisor” pane on my retirement account reports the average 401(k) savings for people my age; it’s barely $40,000. That strikes me as woefully inadequate, given that retirement accounts are fairly volatile, and also that there are only ~25 years to the nominal retirement age, with probably a good 20-25 years of life beyond that at current life expectancies.
Now imagine if we didn’t have Social Security. Most people are lousy at saving (and I’m sure I’m one of those people).