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They're not all identical and they don't share with each other. The article didn't mention it but I'd also suspect lack of strong family ties is a big contributor. It's going to be people who didn't have kids or have estranged kids and are widowed or unmarried that are most exposed, and that demographic will only keep going up.

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> It's going to be people who didn't have kids or have estranged kids and are widowed or unmarried that are most exposed, and that demographic will only keep going up.

For millennia that was the standard retirement plan. It covered housing, food, medical care, and even entertainment.

And portfolio diversification (ie have lots of kids) was just as important.

I honestly believe this is probably the biggest problem, it isn't the other issues, it's the dissolution of the family, many poeple got in big on the 80's "divorce" culture that promised that divorce would liberate and free you to live your best life, in the process they destroyed families and lives, especially their children's, and now many of them are realizing why family was always so important, as they've alienated their own and have no where to go.

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