our society doesn't value frugalness or common sense any more. the repeated bailouts of the past 40yrs has driven that point home even further....
This idea that is going around in government economic circles:
Draw down social security early.
This is kind of a reverse mortgage! Olde people might want to do that with their homes and if their living expenses are beyond their income. It may make sense if they aren't concerned about their heirs and don't expect to be living beyond a few more years. A 40 year old tossing their retirement insurance is a sad thing.
A couple generations ago, that philosophy was quite common, with several generations living together under one roof. I doubt it would work as well now, though, even if you chose to have that many children. Sure, you would get a lot more support from the tax code & social welfare programs than parents could access back then. However, family bonds seem to be growing weaker these days. Chances are you would just find yourself dumped off in a nursing home... which in these times, means the kids would probably get their inheritance a little sooner.
in an overpopulated world something else needs to be done.
First, as respectfully as I know how to say this, your statement doesn't make a lot of sense. Aging doesn't allow us to have long, healthy, productive lives? Age, by definition, would seem to counter the long life argument. Healthy is just so vague. I'm 67, and able to do most of the things I want to do....as are so many on this site and the sister site, "Backyard Herds". As is productive, by the same measurement. Of course, you did precede with "many". Granted. What is the exception and what is the rule?
We all want to have long, healthy, productive lives. For many, aging doesn't allow that in later years.