With this approach, because standard, long term, market investment returns are so much higher than the implicit returns paid by completely noninvested, pay-as-you-go Social Security, all workers who exercise the personal accounts would receive more in benefits through the personal accounts earning standard long term returns than the Social Security benefits they replace.

FORBES: A Personal Account Option For Social Security

Users can always buy pre-paid bundles that cost less than pay-as-you-go workouts.

WSJ: The Digital Solution: Working Out With a Trainer and Friends via Webcam

People understand that they can transfer money with their phones, and it is paid off at the end of the month (like a credit card) or comes out of their Pay as you Go balance (like a debit card).

FORBES: Children in Need Points to a Public Ready for Mobile Payments