Researchers point to a number of reasons for the trend, such as increasing life expectancy and improvements in healthcare.

Sorry but I think this statement is complete nonsense, just like the unemployment numbers the Department of Labor puts out every month.

People aren't saving for retirement because they're blowing their money on frivolous things like food, housing and student loans.

The policies of the central banks have damaged the very people who actually build wealth, the ones who spend less than they earn and save.

Trying to pin it on anything else is just whistling past the graveyard.