When you discuss finances, do you always leave out significant details like... To retire with $4M in assets a boomer had to put in a lifetime of effort and a make lot of good decisions. He also paid a lifetime of taxes. A boomer pays $200/ month as an ongoing premium but he has already paid into medicare without benefits for 45+ years. And there is no cap on Medicare tax — the 1.45% Medicare tax applies to all covered wages, regardless of income, and high earners pay up to 2.35%. To collect $5,000 a month in social security a boomer could not start collecting on what he paid into his entire life until he reached 70. The average social security payment is only $2033. And now millennial are crying because they have to do what boomers have been doing their entire working life. These important factors you failed to mention paint a more complete picture. Now go seek wisdom.