The whole thing was always a money skimming operation.

A ponzi scheme that could only continue on if each generation was bigger and richer than the last.

With the Fed/IMF inflation (money printing) is always higher than any risk free investment. So, you have negative real interest rates. So, you really cannot save for retirement.

We all cannot save for retirement. (meaning Social inSecurity)

The only way is to have the children pay for the adults.

Of course, this old structure is going to collapse. But, then what? Yes, they paid in, but there is nothing left. Think of Gen X who paid all their lives, for nothing.