And why save money for children who start to regard parents as a drain on their resources.
I think this group, I am in the war baby group just prior to the boomers, has been generous with children, saved money and as you say have been determined to not burden our children.
I don’t know about the boomers but my group has given and given to the younger ones and paid taxes at higher levels than now and has contripbuted.
I have always said we should have an account,,medicare plus social security, and at the end balance it with reasonable credits for what you have paid in plus interest over the years. And at death, if you owe more, pay them out of any estate. If you don’t, you get paid back to your estate.
Maybe that would make this damn thing work.