The answer, of course, is automation. Granted, a ton of thing may just not be possible with robots. But I expect that, just like Oil was the resource that boosted humanity, AI (and modern medicine) will be the resource that comes to aid the elderly as demographics rapidly change.
Re:A world without retirement?
by tanderson92 on Monday April 03, 2017 @10:03AM
(#14022804)
It does not depend on a functioning, growing economy at all. TIPS and Series I savings bonds require the U.S. Govt to not default on its obligations. They preserve purchasing power.
Even just maintaining stored retirement wealth depends on this. Think about prices for services when there are large numbers of rich retired people with needs, but few young people willing to provide them.