I think the parent comment is being overly reductive for rhetorical effect, but not necessarily wrong. At the end of the day, social security programs are an abstraction across the demographics of working people vs non-working people. And you only get more working people by giving birth to them.
All the retirement savings won't make a difference if there is no one to spend them on. If the population is expected to decline, then you better hope your retirement investments are going into technology that can yield sufficient future productivity gains.
It's apparent if you just think about the farm labor required to produce food, which can't be stored as easily and long term as money. (On that note, maybe the best retirement strategy is a whole bunch of kerosene and shelf stable foods...)
Edit: As said elsewhere in the thread, I fully agree that the problem is due to children being too expensive, not that people just expect the government to take care of them.
All the retirement savings won't make a difference if there is no one to spend them on. If the population is expected to decline, then you better hope your retirement investments are going into technology that can yield sufficient future productivity gains.
It's apparent if you just think about the farm labor required to produce food, which can't be stored as easily and long term as money. (On that note, maybe the best retirement strategy is a whole bunch of kerosene and shelf stable foods...)
Edit: As said elsewhere in the thread, I fully agree that the problem is due to children being too expensive, not that people just expect the government to take care of them.