Interesting. I must admit, I have a lot less sympathy for people your age who're whining about this now. And people like you are to blame.
I'm glad you aren't my kid, I'd be really afraid for my future.
Actually, you have no idea about my age or inclinations...and if you propose to financially cannibalize your children, then you have every reason to fear. Older people have a well-earned reputation for greed and short sightedness. There are exceptions, of course...I associate with a lot of retired people who are totally outstanding. The difference, I guess, is their sense of personal responsibility. That usually correlates with their willingness to be led around by the nose, with the AARP and the RAT party on the other end of the leash.
Older people are no different than anyone else, I guess...if anything they will find a limit on the willingness of others to be taken advantage of. Any long term fixes to the program and to Medicare will be done in spite of, rather than because of them. This will limit their input on the final solution. That's the inevitable result, I guess, of becoming part of the problem, and refusing to be part of the solution.
I'll be working until at least age 70, and I'll have taken care of my retirement needs and then some. I have no expectation whatsoever of SS or Mediscare. I'd be more than willing to freely release any claim I have on the system, if my adult daughter could invest her contribution in a private account.
That's another difference between you and me, I guess...I'm looking for ways to reduce the burden my daughter will have to shoulder. I'm not looking for ways to hamstring her to pay for my SS. I have no inclination to stick my hand in her pocket.
SS has been a fraud since 1935. I acknowledge I was had, though not voluntarily; I recognize that fact does not give me license to scam someone else. Consider the truth in the saying...it's impossible to cheat an honest man.