This is a first, a lucid reply without name calling or attacks. Now a reply in kind.<quoted text>
Let me answer it for you. Many people have no retirement fund because they don't make enough to save for retirement. A job is Just Over Broke and a
form of modern day slavery.
Housing and vehicles are way overpriced so that the average person pays at least four times more than what the real value is. Someone loses their job, then guess what?. The bank tells them to get out and walk.
After 4 1/2 years of Obamanomics fewer people are able to work and support themselves, never mind save for retirement.
Unless you have only been working 4.5 years or less you cannot blame Obama or his policies for your predicament. Place the blame where is belongs however. Your state, Texas is a right to work state which is incomplete. Is should be called right to work (for less). Because you state makes unionism and workers rights more difficult businesses can get by paying workers a substandard wage that is not keeping up with inflation and offering very little in benefits like a 401k or similar retirement plan. I don't know your age but I am willing to bet either your father, or grandfather depending on your age worked their entire career at one or maybe 2 business and retired with a guaranteed pension. Back then workers rights were stronger and Businesses had more ethics than present time.
You want to make Obama and his administration the scapegoat for all your troubles but you turn a blind eye to the real reasons you are in the situation you describe.