Yeah, I agree, growing older isn't the pie in the sky it once was. Many jobs don't have pensions anymore (unless you work for government), and if you go through divorce, it can set you back 20 years or more financially. Add to that inflation and cost of living and such...
This thread is devolving into different, but important topics. Financial planning has now arisen. Many jobs never did have pensions. If they paid well, you stayed and hopefully looked after yourself. What colour, gender, or ethnicity, have no impact on how money will, or will not grow.
To the young guys in particular, the truth is, it has never been easy if you are stupid, (he said paraphrasing a famous cowboy actor).
For any thinking person, right from its inception, the Canada Pension plan was, and is, a Ponzi scheme. It was never funded to provide any more than a subsistence income. Long story short, you need to be paying yourself out of every paycheque you get, if you plan to live above the poverty line. Below the line is where you will be easily controlled.
A list of "spendy" options was given in a previous post. We have always had these choices to make. Do I drive a stock pickup for $50,000, or a chipped, jacked up, 4x4, 4 door diesel over $100,000? What you do now will affect what you have to spend when you retire.
Go see a financial planner and get him/her to explain compounding. Hurry, old time is still a-flying.