Being 47 and having paid in since 17, I don’t feel the need for a buyout, just ramp the whole mess down gradually by funding the current and near-retirees and slowly stiffing the rest. A lot of that could be made up with private retirement vehicles, for exmaple HSA’s that convert into retirement accounts (yes, someone who gets sick would be stiffed, but that would be a much smaller safety net). I think we should start by stopping pretending that anyone is owed anything by the damn government.
>I think we should start by stopping pretending that anyone is owed anything by the damn government.
Amen. That is the root of the current problem.
As soon as we stop pretending that I owe anything to the damn government.