Okay, tell that to the 65+ demographic who were offered pensions and promises of a new deal from their parents. Stocks werent what they were back then before we surrendered our riches to billionaires. A pension was probably way safer than investing unless you already worked in the economic sector.
I'm a millenial and was raised early expecting social security to run out by the time I retire. Not the first time society pulled the ladder up on me.