Comment by riboflava

Retirees aren't the richest bunch, true. Collective poverty isn't an unlikely outcome for the vast majority of humans. Still, "poverty" need not be uncomfortable when "token conveniences" like a private home, food, entertainment, and opportunities for (even if economically useless) creativity and learning are in abundance.

An interesting analysis on a world with increased automation via emulated brains of the best of humanity: http://ageofem.com/