I think this is pretty debatable, at least in the US. Being born during the middle or late-middle of the 20th century was extremely lucky if you managed to sta

I think this is pretty debatable, at least in the US. Being born during the middle or late-middle of the 20th century was extremely lucky if you managed to stay out of manufacturing and could put your retirement into funds that came close to matching public markets. A lot of people doubt we'll ever see that kind of economic growth in the first half of the 21st century. Don't under-estimate the impact of three-four decades of financially comfortable retirement on "living standards".