The Tribune published an excellent article on retirement in the Dec. 30 edition; well done.
It is true that governmental policies and an aging population will make it more difficult to retire in the future; however, the real key to a successful retirement is to live below your means when you are working, save money and invest it. Im sure this idea will not be popular with todays instant gratification generation.
I saw examples of this when I was employed. The company I worked for matched a certain percentage of money that one could put into a 401(k) free money. However, some people wouldnt even take advantage of this benefit. They did, however, have a large truck in the parking lot and a boat at home. I wonder how well they are living in retirement.
I have been retired a long time, and I live well. The majority of my income comes from money I saved and invested. It worked for me.