Wrong.
SS worked reasonably well for those before us boomers (OK, I'm on the leading edge) but it's hardly significant today. Remember that the same period, 1946 'till maybe '96, included pension plans, medical plans, and such - which are going away for us just as they are for you. Difference is that you'll have more time for those 401s to grow and you know fairly early that you need to look out for yourselves.
Frankly, I'm a lot more interested in what happens to Medicare and the various schemes involving that than I am with SS. Besides, if SS went away a whole lot of welfare royalty would have to scale back on their life style.
PS: Please don't send money, I'm doing OK.
“PS: Please don’t send money, I’m doing OK.”
Speak for yourself. Anyone who wants to send money to me, I’ll accept paypal, money orders and plain old cash. :)