Subsidized by the people whose retirements the kids will be paying for when they reach working age. And don't say that saving up money now will get rid of the

Subsidized by the people whose retirements the kids will be paying for when they reach working age. And don't say that saving up money now will get rid of the need to depend on future generations in retirement. You can't eat a 401k. Retirement is inherently dependent on the productivity of subsequent generations no matter how you move money around.