[moonrab]

Earn enough for day to day living, yes. But any saving for future retirement ... sadly many NO
In SG, you need to save for retirement, by 55-60 you should have at least 1/2 million is liquid asset minimum excluding CPF & your home which must be fully paid.
If not, many will end up like many SGtalker whining, beaching, compainig, KPKB about everything

Fingers also have long and short. 
Humans are all different in perceptions. Yearning for different living experience. 

But you are right, one must accept the consequences of their action.