Nominal wealth is useless if supply of products and services is in decline. The population histogram of pretty much all developed societies has passed the curve where the supply of labor is decreasing so that “wealth” will be competing to buy less and less labor.

US federal government alone spends trillions of dollars on wealth transfers from workers to non workers via Social Security, Medicare, and Medicaid, along with a few other program. And even that doesn’t guarantee you will be able to see a doctor in a timely manner.