A growing consensus among economists and recent surveys indicates a looming retirement crisis both in the U.S. and the U.K. In the U.S., a significant portion of the population lacks adequate retirement savings, with only half of American households having retirement funds, and a forecast that Social Security may soon become insufficient to cover living costs. A study by BlackRock revealed that 93% of Republicans and 86% of Democrats agree on the urgency of the retirement savings crisis, with many expressing concern over maintaining their standard of living. In the U.K., a report from the Institute for Fiscal Studies warns that up to seven million pensioners may face financial difficulties in retirement, with many private sector employees not saving enough. Additionally, a survey by deVere Group indicated that 74% of Brits are not on track to retire comfortably, often due to underestimating the savings needed to counteract inflation and healthcare costs. Cuts to winter fuel payments in Cornwall further highlight the immediate challenges faced by pensioners, emphasizing the need for increased support and awareness of available benefits.