In the United States today there are 3.05 people working for every retiree. But in the year 2010, it's projected there will be only 2.05 workers for every retiree. We're actually better off than many countries. In Europe, there are only 1.75 workers per retiree. In Japan, only 1.4.
Most people count on three financial retirement supports.
Two of these legs are relatively safe in our country. First, there's Social Security. And there always will be Social Security. It doesn't matter that we will run out of funds down the line. It will survive, just as long as we with silver hair vote in much larger percentages than those younger.