I'm from the EU. To further elaborate, I've noticed that a lot of people around my age (25-30) don't trust that they will ever see retirement and thus don't invest in the state's retirement plan. These are people who aren't regularly employed so they pay the minimal amount of their salary to the state which is required, which when they retire results in the minimum amount of pension they can receive.
To counteract this they invest in the stock market to have a nest egg for their retirement and think that this is a much stabler and safer option than the retirement fund that they are legally required to pay. The reason being is that they distrusts this pension will ever be payed out or that they will ever even reach retirement. Is this sort of thinking reactionary? Is taking advantage of the capitalist system to better your own material conditions opportunistic?