Absolutely you are of that opinion? People should slave away their youth dreaming of the day they can retire and when that day comes they can't do anything because they're living on a fraction of what they had before? That sounds like an absolutely awful life.

As I said, I would like to see SS go away in favor of just mandating that people invest in some fund that is heavily regulated (regulating the risk, to minimize the risk of people losing their retirement money), but savings must be mandated in some form. If you don't then people simply wont do it. Then you're left with the choice of just saying "I told you so" while you watch them starve to death, or financially supporting them. Both of those are very bad options.