We get conflicting messages from financial institutions regarding saving for retirement. The financial industry wants people plowing as much money as possible into their retirement products, while central banks artificially suppress interest rates (which affect the value of every other asset) to encourage spending now instead of saving. The level of risk in any investment (including putting money in a savings account) has skyrocketed, and the vast majority of society doesn't know how to deal with this.

With 25% of Millenials living with their parents and not working or studying, we're already beginning to see a shift back to family living models that we thought we'd left in the past. I think you'll see more and more elderly care taken on by adult children to save on nursing home costs.

For me, the science is convincing that "retirement" is bad for your health and that continuing with some kind of work until you physically can't anymore is the best way to live.