Reply to comment

...for the exact reason you say. People are entitled to them for having paid into the accounts. The problem is that people are receiving far more than they ever paid into these accounts. It is not just retirees. The Atlantic ran a piece about disability benefits and how people are milking Social Security dry. The problem is that with dwindling birth rates and increasing retirement rates, the balance has shifted and there is not going to be enough money in these accounts. Period. That's agreed upon fact by all parties.

So ask yourself if you're willing to take money from your grandchildren's future to ensure that you can get paid in retirement.