It's about time this issue was discussed! In the last few years, even getting a 5% return has been a daunting task. I'm conflicted how to think about this issu

It's about time this issue was discussed! In the last few years, even getting a 5% return has been a daunting task. I'm conflicted how to think about this issue. On the one hand, seeing defined benefit pension plans for govt workers seemed unfair (given I don't have one of these in the private sector). On the other hand, I know I can probably never retire on my defined contribution pension plan (in the private sector). Can GenY ever retire in the traditional sense? The best I've read on this topic is Tim Ferris who says "traditional" retirement is no longer an attainable dream (he calls this the deferred life plan) ... rather people should work towards many periods of mini retirement during their lives. I don't know how I feel about this because I know in tech, my employability will go downhill post 35-40 :(