[jusduat]

What’s your plan for the millions of us who had no choice
but to pay and are now old? Shall I work until the day
I die? I don’t want to be a burden to society but my
401K’s shrinking, house value down. I do not have any
hope of help from my kids, so will it be my duty to die?

[LowCountryJoe]

What’s your plan for the millions of us who had no choice but to pay and are now old?

You still get what was promised but you'd no longer get COLA adjustments that are indexed to wage inflation. Instead, you get COLA based on the consumer price index.

As to others; visit the second link from my profile page and see for yourself what my idea would look like.