As I started working, I began to wonder what would happen when I'll stop.
What if I'm fired or retired?
I know for a fact that pension is small - just enough to get by.
Would you want to live like that?
Okay, let's imagine that I'll move to the richest country and I'll be eligible for a good pension.
It still won't be enough.
And by the way, who promised you that you'll have pension (or universal basic income)?
Why do you think having (and relying on pension) is fair?
Life is unfair and future is uncertain.
Governments are already raising retirement ages. Your turn to adapt.
Though these changes are miniscule, by the time you'll want to retire, you'll still have to work - due to the raised age requirement.
Think of it as a "boiling frog" concept - you don't notice small changes, until it affects you.
N.B. The famous boiling frog thought experiment - the frog stays in water that gets incrementally more hot until the water boils and kills the frog.
Don't rely on promises.
Am I saying that I'd prefer not to receive pension or that pensions are bad?
No. I just don't expect it.
The only money you can expect is the one you make yourself: by work, business, investment, saving and so on.
In USSR in the 90s, people's savings were lost. Why do you think it won't happen again?
Why do you think it won't happen with pensions?
The key is to diversify.