I (41) can only speak for my group but at least in my reasonably well adjusted friend group, the idea that we will make it to 60 is laughable.
I wonder what the average Millennial retirement plan age will be.
you mean like "the purge" or like climate issues ?
how would fluctuation in stock prices be handled?
if stocks go down , do you get a refund ?
this seems like a paperwork and fraud riddled method to achive a very minor impact on very few people who could be taxed directly when they access actual cash