Yeah I’m not sure exactly. I know in my country - Australia - we only started our compulsory retirement fund, superannuation, in 1992. Which is 12% of every paycheck goes into a retirement fund.

So the first generation who have had that their whole working lives hasn’t actually retired yet! That would be some gen x’s and all working millennials.

Theoretically, millennials + who have worked consistently should build up a decent super fund by the time they retire. But of course a lot happens in the world since the inception of super and it’s now a thing that people can access it early to buy a house - which was never the point of superannuation, it’s supposed to be locked away as a retirement fund.

So I really don’t know how it’s going to work long term. I know boomers who have retired with a great amount of super and yeah, the plan was that the upcoming generations should be even more better off because boomers would only have had super for like half their working life but y’know, economy changes.

A lot changes in 30 years. Hopefully for the better at some point!