Social Security Insolvent in less than 10 years:
Ofcourse Social Security will never 'truly' be insolvent, legally speaking inflows will just divided to outflows. Payouts are already pretty low since CPI has been mucked with over the years.
Pensions are rare simply because union participation is down, and it saves a lot of money for businesses. As this article states that process started in 1980... when you know, millenials started being born:
https://edition.cnn.com/2023/09/07/success/pensions-retirement-savings-explained/index.html
And finally, stats from the Federal Reserve itself: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:135;series:Net%20worth;demographic:age;population:all;units:levels;range:2008.2,2023.2
As you can see, being under 40 kinda sucks, and the oldest millenials are about 43. Keep in mind that "millenial" is a bit subjective, the oldest "millenial" could be 38 as well.
The comment above isn't "bait", it's objective reality for many Americans.
Which is weird given IBM's WWII history.