Economic growth in the abstract doesn't help much, because a retiree is only on the consumer side of the equation. 2% compounded annual growth over 50 years wil

Economic growth in the abstract doesn't help much, because a retiree is only on the consumer side of the equation. 2% compounded annual growth over 50 years will result in the average worker consuming a lot more stuff, and they're not going to be happy if they have to throw that all out and embrace a 1970s-era standard of living when they retire.