Unless, of course your planning counts on government sponsored health insurance or even Social Security since in today's political climate, there's no guarantee that either will be around for your retirement.

I'm watching this happen to my own and friends' parents. Pensions gutted in industries / jobs that are dying or dead and nest eggs drying up very quickly to pay for health insurance and living costs. Most of these people did everything "right" that was within their means when it came to planning ahead and they are fucked.

If they were in an even lower economic rung of society, I would imagine what they are experiencing would be much worse. As in homelessness, malnutrition and death from easily treatable illnesses.

This is not something anyone wants for their future.

I mean, even if you bought a house at 35 and just made minimum payments, at least that would be paid off. And I'm sure taxes could be paid by renting out one room..

Counters to your example would be modern day Detroit, modern day Greece, and the Weimar Republic.

Its not going to be the same for you and most people on HN today.

Don't let the mere fact of their existence stop you from enjoying yourself.