That's part of it. But yeah, say you got massively unlucky, like a ministroke or a really bad car crash, affecting your ability to bring in cash and that took m

That's part of it. But yeah, say you got massively unlucky, like a ministroke or a really bad car crash, affecting your ability to bring in cash and that took much of your savings. Safety nets are needed, and typically are underfunded. With one in place, most people can rebound to their most able.