What is the justification for Social Security, as it exists in the United States?
By the time someone is eligible for regular old Social Security, they have had 49 years of adulthood to get their financial house in order. Not having a retirement funding after 49 years of time to get it right seems like a nobody else's fault but the person in question. That's not the result of a single financial mistake, but 40+ years of mistakes, over and over and over again. Why should the consequences of their failure to plan impact anyone else but themselves?
Why should Americans feel sorry for people that kept making the same financial mistakes 49 years in a row?