Retirement, The Economy, and What You Should Do About It All

[...] http://www.visualeconomics.com/retirement-the-economy-and-what-you-should-do-about-it-all/ [...]

Hmmmm that's a wonderful Article. I will confess that it is really hard to save and it feels good to spend money. But end of the day we're all losers if we're not saving anything for our future. But then a thought comes to mind, who have seen the future

assuming an 8% interest rate, and no loss of principal. In an environment where most banks are paying 1% or less, means you must invest in equities to make an 8% return, but all equity indexes are flat for the last decade, so if you invested in the DJ industrial average in 2000, today you would have made exactly zip, zero, denada, nothing. Thats one decade lost. The idea that the market always goes up is a fallacy, most folks will never retire and will be forced to work until they die.

Don't count on Social Security, is is unfunded – the money has all been loaned out to the government.
What happens when the government goes bankrupt or the currency collapses, or the baby boomers retire?