I posted a query about this topic a few weeks ago but no bites. Has anyone done some serious (more than google-driven) reading into this claim and the recent two or three 'studies' that have come out? I would be quite interested, because it is so contrary to the accepted wisdom about savings rates and retirement demographics/problems. Is it just a debate about what an acceptable (deferred) wage might be?
<br><br>The "enough/not enough" analysis also seems to miss other more important retirement income problems - lack of coverage of employer pension plans, individuals' exposure to market moves in capital accumulation plans, sufficient savings to maintain 80% of a low income is still only 80% of a low income, is there any sense of the indebtedness of post 55 families, are more people moving into work longer (55-75) to make up for low retirement incomes, are health and welfare plans being cut at the expense of pension plans, etc.
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