Paid for by whom? When we retire,they'll only be about two people of working age to support each retiree.And half of those will be "disabled" thanks to legislation passed by the RATS.
Boomers need to understand that their retirements won't be nearly as long or nearly as comfortable as was their parents' retirements.
We have a growing shortage of workers (allegedly the reason we need to keep importing people from the third world) while we have a growing number of retiring boomers, the vast majority of whom are physically able to work and, what's more, would benefit themselves AND society by continuing to do so.
If you travel to advanced as well as emerging economies in Asia, you see vast numbers of older people manning toll booths, working behind the counters in convenience stores and running the desks at hotels, just to name a few.
Among our ranks we have laid-off business people, who would make perfectly fine teachers, and prematurely retired pilots, who would be fine traffic cops and even lifeflight pilots.
The list could go on and on and on. While 50 and 60 something boomers might not make your greatest roofers and carpenters, the well-connected able-bodied snot-noses with politically protected public sector union jobs could make the transition with ease.
The first boomers to accept these options would get first pick of the jobs as well as incentive such as reduced tuition for their children or grandchildren in return for reduced or delayed collection of social security and other geezer benefits.
And before anyone get out their flamethrowers, let it be known that I am a boomer who would be among the first to volunteer for such a program.