Who's going to pay for the Baby Boomer's Social Security if young people can't?

[Mags]

The younger generation in both the United Stated and the United Kingdom might have to start saving for their own retirement because the coffers are being emptied. However, please don't blame we oldies because we paid into the system and are penalised more than any other group, including some who have never and will, probably, never pay anything into it at all.

We are certainly living longer so will be drawing more than was imagined but that is hardly our fault and not a cause for us to roll over and die.

Today's youngsters, for all their protestations, are never short of anything which money can buy. They eat out and buy electronic gadgets. They pay for tattoos, visit nail salons, colour their hair, can afford holidays etc. etc. and many drive cars. I can do none of that, have no T.V. and have an ancient mobile phone p.a.y.g. There's no point in making a longer list of what youngsters can afford because most of us will say the same thing.

If these youngsters can afford all this modern stuff they can afford to pay into a pension fun and if doing so means not being able to change to the latest phone about to be released then so be it. The answer is in their own hands (which they need to place deep into their pockets and get paying into that pension fund). My two sons are doing just that because they envisage a time when government old age pensions will not exist.