"It would be better if people saved up for their own retirement over time and did not depend on the government forcing the working force to give up their income

"It would be better if people saved up for their own retirement over time and did not depend on the government forcing the working force to give up their income." The US had that exact system up until about 1935 - when Social Security was founded. It turns out that if we let people save for their own retirement, the vast majority will choose not to.