I think the mistake here is the concept of "retirement". The idea that anyone should be able to live and do nothing of value, financed by other peoples money, is incredibly destructive.
I would instead argue, that what it does, is that it enables more people to retire early, and ethically, since they would pay for themselves.
I also think that if this system was followed, the concept of retirement would disappear, and instead we would think about doing what we want to do, when
