Like self-improvement books, the purpose of pension adequacy surveys is to make us feel lousy about ourselves. Lousy and scared: We haven’t saved enough because we’re myopic and lack self-control.
We don’t have a retirement plan, and it’s getting late. That next avocado toast may deny our future selves a pair of reading glasses. At the back of our minds, there’s always the guilt that we should be leaving something – actually, a lot – to our children.