Will those who saved diligently their whole working lives to their fund retirement ultimately be punished?

Will the government be forced into a position where it has to increase income taxes to fund programs to feed and house ill-prepared and innumerate Boomers who did not save enough?

Probably.. that mass of soulless, valueless boomers will have a lot of political power to vote themselves the goodies they need to keep their self-centered indulgences intact.

I hope not. I'm dumping into my retirement fund now, at 28. It's never too early to start thinking about how you're going to get by when you can no longer work. I find it detrimental and unfair to have to support others who didn't do the same.

Of course, this is America! Land of opportunity! The government will not be forced to do anything. They will do it willingly! Providing for peoples needs (and wants) bring power over them, and that is what politicians are all about on both sides of the aisle. Should you not save. Man the only way out is to save! The only way they can take it all is for the country to go totally socialist or communistic, and I don't see that happening for a while yet.

It will depend on the economy. If the economy is strong, the Government through taxes that we and business pay, should be able to keep the system running. I know many people who are of retirement age, who are not retiring, due to the fact that the 401k or IRA they had went down with the market. Or due to the fact, like you allude too.. that they did not save for retirement. Or in many cases.. simply could not save for retirement.

The real question, to me at least.. Will business see this as an opportunity to help, and create programs or plans that are much cheaper than what the Government currently pays. If they can help feed or give medical help at a much lower cost than the Government, then there would be incentive to offload some of the big money items to business instead. Reducing the overall cost of helping these people as they get older.

If anything, I think we need to lower taxes even more, and to no longer tax money that you make on savings (interest for example should not be taxed).. When a 401k or IRA is used instead of charging the standard 20% .. Lower it to 10% make it worth while to save.

Of course this doesn't help us right now, but lowering taxes across the board free's up money to be spent, and this goes into the economy, which then generates even more revenue for the Government. Frankly I think we are taxed enough right now. I would like to see the Government offer plans to encourage Doctors to reduce their fee's and costs, perhaps by offering to pay for part of their education.

I would love to see the healthcare companies working together to consolidate the fees that they are being charged and standardize the costs of healthcare across the US. Doctors have been able to work together to force a Insurance company to accept certain costs, or procedures. However, the insurance companies have not worked together (as far as I can tell) to resolve the rapid acceleration of Medical costs. Medical costs are high mainly due to Greed. And while doctors should get paid for work they do, they should not re-charge people for additional visits, if they have not been able to determine the nature of the problem..

Wow.. I guess I can go on an on here.. sorry.. You all get the basic idea.. :)

Is a possibility. Is better to learn to make money work for you than work for money.
See the difference?