Where will the "funding" for America's retirees come from in coming years? Most likely from the stock market itself. This is a major reason why Fed chief Bernanke, unlike his predecessors, views the equities market as the prime beneficiary of his monetary policies. The federal government has also made stock market liquidity/support a top priority. Equity market strength has now become official policy for both branches.
Notwithstanding the possibility of a bad year for stocks in 2014, expect to see rising equity prices in the years ahead -- especially as post-2014 inflation kicks in.