One of the reasons I decided to leave the US. Yes, the Economist is British but the US has the same problem. I realized chances are I will never save enough for retirement, my 401k planner even says so. So I am moving back to the country that allowed my father to retire in his 50s. 10 years ago when I started working in the US I didn’t expect this outcome, and the longer I stay here the longer it will take me to improve my conditions.
Sorry. It isn’t a country that anyone can just move to. It has many serious flaws and is not pleasant for people from different backgrounds. But it did allow my father to retire in his 50s and my uncles to retire in their 60s. But if you are willing to play along, and keep your thoughts to yourself, you do get a lot for free from education to healthcare and it is affordable to live in, and foreigners do manage to save here. Oh no income tax either.