I dislike the media playing god and predicting the future. I live in Canada. An X number of year ago, the media was telling us that everyone is going to retire at 55 so that they can travel, spend time with families and have time for hobbies.
A few years rolled by and then the media is telling us that we have to keep working. The pension plans are going to bust! There is no money left over for retirement at 55.
Now we have the "Human Rights" issue in Canada. It says that all Canadians have the "right" to keep working as long as they want to. Even into their 80s? Can you imagine an 80 year old working on the Highways? LOL
If the truth be known, many here in Canada are working well beyond the age of 65 because they have to. Either they have no pension or they can't afford to buy groceries. Canada may be the "land of milk and honey" to some but if you don't have a good pension from the government or hydro, you are gonna end up eating beans or cat/dog food until the day you croak! Canada is frozen over for 6 months of the year and the cost of living is among the highest in the world. Sad but true!