Originally Posted by robot_parade

That's a fair point of view. So, you just got elected King, and got rid of social security. Now, what do you, as King, do about the many people who bet on the market wrong, or for whatever reason didn't save up enough for their own retirement? That was the situation before social security. Humanity has gotten no wiser since then, so that will be the situation afterwards. Will you wash your hands of them? Put them on the government dole?