Absolutely. Again, you've hit the nail on the head.
Swanny's point is valid, but doesn't solve the problem of how to pay for it.
Here is a multi-billionaire's view of the future. I was watching an interview with Elon Musk. He was asked a question along the lines of 'what is the greatest...
You are right Swanny, but that's not really Gwylan's point. His point was 'who is going to pay the National Insurance contributions that will fund the state pensions of pensioners in 40 years time?'.
The answer, is raise the retirement age. Stop them from being pensioners in the first place...