You do have to wonder what will happen to people of my generation who can't afford their own homes, who are paying massive private sector rents, when we become old and have to rely on a pension. Like, where the f-ck are they supposed to live? They won't be able to afford the private sector rent. And any boomer who comes up with a load of b0llocks about Sky TV subscriptions or mobile phones and simply working harder.........sorry, grandpa, but this isn't the 1960s when you could buy a 3 bedroom house for £3,000 and pay for university by working a few summer jobs like Ronald Reagan claims he did. People paying massive private sector rent are not able to save, because most of their salary is going to rent, and the majority of employers have fixed hours and don't like people working overtime, so the whole "just work more hours" line is not really helpful. The whole system is defective because such a great part of it is classic parasitism of one form or another, the rich feeding off the poor, and the poor getting poorer.