Half the people I work with are from Western Europe and they won’t waste any time to take a dig at our lack of social safety net. However, the thing I’d be wor

Half the people I work with are from Western Europe and they won’t waste any time to take a dig at our lack of social safety net. However, the thing I’d be worried about in their position, is, if the safety net is actually a sustainable project in a time of declining economic growth. They’re extrapolating on 30 or 40 years worth of data and if you’re retiring in 30 or 40 years a lot can change. Look what’s happened with the austerity crisis, something EU folks usually don’t want to talk about. Personally I’d want to manage my own retirement and risk tolerance.