"If you're making $300k a year, you have more in common with someone making minimum wage than you do with Elon [Musk, the founder of Tesla and other corporations]. There are people that walk among us that have so much wealth, that even generations of mismanagement can't squander it. These folks you speak of are not those folks."
Depends when you go to collect. If you are retiring in 2008 or 2022 then no. I live in a retirement community and I guarantee you most of these people have investment properties. In the US most people's retirement is absolutely fucking nothing with some social security crumbs. The rest are a mix of investors. Some are stocks only but many are diversified. Also real estate companies, management companies, and banks make great stocks.