I would be more worried about political change: the risk that a broke government will decide to take any savings (which I think is likely I happen to me in New

I would be more worried about political change: the risk that a broke government will decide to take any savings (which I think is likely I happen to me in New Zealand). Demographic problems are clearest in other countries, but the US won't be immune to the pressure. I look at other worse off countries, and I see their governments screw over their savers. I have little faith that my own government will act differently. I've become more sceptical/cynical and I truly believe retirement savings will be stolen. (e.g. our lefty party wants to tax wealth at 2% - which if you're withdrawing at 2.7% is effectively a huge ~40% tax rate) I'm not sure what the answer is, but I don't think that we can copy what worked for our parent's generation.