Also, in real life, the generation nearing retirement has much better voter turnout than the generation exiting college. So not only do they have more money to influence elections, but they're a more desirable demographic to cater to due to their presence at the polls.
We see this play out clearly in their ability to influence politics. E.g. they can vote themselves unsustainable entitlement benefits at the expense of younger generations.
...which is why we probably never get to retire. The weirdly shaped population pyramid in the Western world can make "maybe Google will buy us" a more reasonable retirement strategy than retirement funds
We see this play out clearly in their ability to influence politics. E.g. they can vote themselves unsustainable entitlement benefits at the expense of younger generations.