meh, the previous generation is /dramatically/ better set for retirement than this generation seems to be. Defined benefit pensions are a real thing for them, as is healthcare for life as a retirement benefit. Often these things start in the '50s.

a lot of this is that risk-free investments had a positive expected return when they were working. Imagine that; T-bills that pay out more than inflation! I mean, it's a total thing of the past now, of course.