[blakehaswell]

  it's a lot of risk

What’s a lot of risk? Saving a significant portion of your income? Sounds less risky than “work until I’m 70 and then hope I have a good pension.”

[Retric]

Saving is not the issue. The issue is trying to retire on low incomes.

If something happens then finding a good job when your older and have not worked for a while is hard. So, IMO your better off trying to get a significantly larger nest egg than you think you need. That way compound interst works for you and you don't risk poverty while your old.