Your 401k,403b, Roth, and whatever is in their hands. Start transitioning it to being in your control. A bird in hand is worth 2 in the bush.
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I think they will but the solution to the chaos will be positive instead of negative. I actually hope you're right I tend to be a bit black pilled.
The people who will suffer the most if everyone lost life savings would be old people. I dont' think the precipice involves only affecting old people tbh. It has to wake up younger generations. Young people dont' have much savings and wouldn't bet as upset as someone who worked their ass off their entire life and are living on retirement money.
True, yet the older generation are 100% resistant to change, the older you are the harder to change. Younger people will adapt. And it's not like people will just sit and watch their elderly parents starve, at least I hope not.