That doesn't really solve the end purpose, which is that Baby Boomers need to lessen their consumption of national resources (real estate) and global resources

That doesn't really solve the end purpose, which is that Baby Boomers need to lessen their consumption of national resources (real estate) and global resources (food, energy), so that these limited resources can be utilized by the next generations. It should be mandatory (either formally or through the pension/taxation system) for example to downsize your home and portfolio before you receive any subsidies or welfare.