[coldtea]

That's not how it works.

They'll need the equivalent of today's $3 million in inflation-adjusted dollars for the time they retire.

What you're saying amounts to a Zimbabwean being able to retire with his lunch money AFTER the country got 1000x inflation and everybody had trillions in their pockets just to get some food for the day - based on the purchasing power of that amount before the inflation.

[randomdata]

That would imply you also need $3 million today. Retirement will be more expensive then, but scaled in line with inflation.