Most just live off the money and contribute little to society, while others donate tons of time and money without “working”. It is true that blue collar jobs are mainly labor intensive, but sitting in an office at a C-Suite executive has much more stress than a guy building a car. Those that have the motivation and fortitude that get tossed out on the street will probably bounce back faster than someone that keeps looking for a govt entity to help them. Yes, you could have 5 years of emergency funds saved up and some catastrophic event can wipe out savings, but that happens to such few people in the general scheme of life. That is why you need insurance for home/car/life to transfer the risk in the event something does happen.