[quote=temeculaguy]Ignore the stuff in this Forbes article about “middle income” and “median IRA,” I’m guessing if you are on this site your 401k balance will not likely be 50k at retirement.
I do wonder what will happen in the 2030’s when Medicare runs out of money (or more correctly, the spending on Medicare relative to GDP doubles). Unless spending per person drastically goes down, at some point the US will have to ration care. There won’t be enough money for the govt to put people in nursing homes/hospice, and probably not enough workers either (maybe robots instead).
