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So it's every generation in it together
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and redistributing wealth from the richer to the less rich,
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protecting you against long life,
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making sure that you have some money no matter how long you live.
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That's the idea of the system.
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So are there any questions about how this mechanically works?
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Okay. Now it's very hard to do this in the market, by the way.
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If you wanted to, for example now, think to yourself,
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"Oh, I'd like to protect myself against my old age.
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I'm three years out of Yale
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and I've fallen into an incredible job that's paying me a huge fortune.
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I might want to retire early and be a writer the rest of my life."