Bojan I didn't think for one moment that was the sole reason for their financial crisis
The expected lifespan of baby boomers is 83 years so if I retire at 67 I'd expect a pension for some 16 years
No doubt in the future the lifespan will signifcantly improve and I would hope that most people would not start work until they are at least 20-25 not like many of us who started when we were 15.
50 years of working for someone else and taking a lot of ****e from people is enough in my opinion.
However the way things are going I think I'll have to work part time in retirement to survive unless of course I win Lotto between now and then