#037 Today on a solo show. Someone asked me the other day, Eric, why there is no set system of retirement in this country. And I thought about it and I told him once upon a time there was not a set system, but there was a kind of a for. That everyone followed and little financial literacy was needed at that time because everyone just did the same thing. [00:02:02] Eric: So let's go back to a time where the economy was good and things was picking up right after, uh, a world war, world war two  [00:02:28] Now that's a lot of goods and shelter that's needed. Women at that time were averaging four kids per household  [00:03:25] And this was done for decades. There's no financial literacy that's needed here. You just followed simple cut and paste and it worked  [00:04:20] This 401k was supposed to be in addition to the retirement plan you had back then,  [00:05:14] So now 401k replaced. The great recession, pretty much crippled and damaged the stock market and people savings.  [00:06:47] Or financially free to the point where retirement was thought of at an early age and the methods to retirement Come to them as second nature.