I worry about that too. Where I live the gov't subsidizes the elderly. My parents are being assessed now and do qualify. But will those funds be there when I retire.
I am now 50 and borrowed alot of money last year towards RRSP's. I figure I have 15 years left to work and pay off that loan. I have it in a high interest stock hoping to make more money than my initial investment. I think it's up to us to save for our future. Wish I had of done this years ago.
Kate