Yeah, it's scary to have just one plan. I use the be the guy who didn't rely on one plan, or be pressured to rely on one plan. Unfortunately this is it.
As for the bull run, we probably have the hope that that wasn't it. But that's probably the main point of the post: having this inkling uncertainty is always present and anything can happen.
Yeah, I understand the concept of insurance, but I still feel that if everyone has that 3rd plan, or at left 80% of people then insurance will be the most lucrative sector