Social security and retirement plans was one of the worst things that happened to society. It was yet again a great socialist idea with horrible implications that nobody cared or thought off in the beginning. Before the pension system, the deal had kids spend a lot of time an money on them. BUT when you be old they will take care of you. Socialism destroyed all of this, which is a big reason for the low birth rates and those low birth rates are the reason for the failed retirement plan .