Retirement is literally a scam.
Retirement was once a promise. Today, it's a myth.
Nearly half of Americans aged 55–66 have no savings—and millions are forced to work into old age.
This video exposes how decades of policy shifts, corporate greed, and Wall Street profiteering dismantled retirement in America.
From the rise of 401(k)s to the death of pensions, we reveal who broke the system, how it happened, and what needs to change.
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📚 Stats Mentioned:
1. U.S. Census Bureau
Nearly half of Americans aged 55–66 have no retirement savings
2. U.S. Bureau of Labor Statistics (BLS)
In 1980, ~38–40% of private-sector workers had pensions; in 2023, just 15% do
3. AP News / PBGC
Sears pension fund was $1.4 billion underfunded; ~90,000 workers impacted
4. OECD Pension Statistics
The Netherlands has a 95% retirement adequacy rate
5. SSA (Social Security Administration)
Average Social Security benefit is ~$1,907/month (2024)
6. Congressional Research Service / SSA Actuarial Office
Scrapping the Social Security tax cap could raise over $2.5 trillion
7. Transamerica Institute / Natixis Global Survey
70% of Gen Z expect to work past age 70
#RetirementCrisis #EconomicJustice #401kScam
Keywords: retirement crisis, Social Security, pensions, 401k scam, retirement in America, financial inequality, Gen Z retirement, millennial economy, economic justice, wealth gap