I'm hoping my pension is safely funded, our corp credit rating has improved, and I've never heard any dicey reports of pension mismanagement. [ Parent ]
Relying on the government doesn't frighten me all that much for two reasons. The first is that if the US government goes bankrupt, being poor will be the least of the worries of most people save those who live in a handful of states with demonstrably competent state governments. The second is that Social Security and Medicare, for the most part, are actually competently run programs. They certainly aren't perfect but they also illustrate that government run programs can work and work reasonably well.