Social security in the sights
It’s difficult to envision a scenario where they do not have to start rolling back benefits. They’re going to need to make it a very clear cut calculation based upon what you paid in, and set the minimums at an ever reducing rate until basically our kids get nothing.
I do not like any of this.
They need to give people an option to opt out at a certain age, say 40 years old. If you opt out, you don't ever get anything from Social Security, but you get to keep your future contributions (yours and your employers). Social Security gets to keep your previous contributions. You can make there be a minimum net worth requirement, say $1,000,000 if you want to prevent idiots from having nothing when they retire.