Ok, I see what you’re saying now. Yes, 100%, we should take care of everyone’s basic needs as a society and that’s far from working. I think where my (in retrospect, very poorly worded) original post came from is that people think that is works like a bank and that the intent is that you just withdraw it later like tax-free savings and then are surprised to learn that the math includes accounting for people dying off before they can collect benefits. I think people should know that they are paying into a pool and by design “their money” is being paid out to other people, and that it is on the whole a good thing.
Ok, I see what you’re saying now. Yes, 100%, we should take care of everyone’s basic needs as a society and that’s far from working. I think where my (in retrospect, very poorly worded) original post came from is that people think that is works like a bank and that the intent is that you just withdraw it later like tax-free savings and then are surprised to learn that the math includes accounting for people dying off before they can collect benefits. I think people should know that they are paying into a pool and by design “their money” is being paid out to other people, and that it is on the whole a good thing.