WOW Cal it look like you favor a real Ponzi scheme to replace Social Security.   Like most Ponzi schemes it will rely on the sure thing that the initial amount will certainly grow to untold fortunes. Plus the government will get it initial investment back with a bonus amount to reinvest in the same scheme.  It does not even mention the total amount the government would be investing for the basic 3.9 million births per year. Even better the Ponzi scheme will be operating with tax dollars.  Management by a private invest panel; i.e. a private profit making corporation.  The ultimate Republican dream: tax dollars invested with private business with little or no government oversight combined with a management team whose salaries will be pauid by the plan.