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By the looks of it, even the ones who have retirement funds or pension entitlement wont get anything. Or only peanuts. But they have the best army in the world instead.

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Well if it is the same over there in America as it is here in the uk, your pension dissapears the second you try and collect it anyway so it's better to make other plans. By the time I hit retirement age it will have been moved up to 75 or 80 years old... forget that I am not working until I am 80.

Anyone who doesn't put any effort into saving and investing for their own private pension is acting foolishly. Relying on the government, company pensions, or wall st to make sure you can retire comfortably is no longer a safe move to make.