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There will be no revolt when gov't seizes property.

That's right, but certainly what you say is true.
However, and more importantly because some do not believe they are what they are it is important to note.

If will be done slowly, like the infamous frog in a pot of boiling water.

Libs will claim controlling the way it is invested is only prudent nothing to worry about
Libs will then claim controlling how much can be taken at at a given time is only prudent as it does have to last
Libs will then claim that well unlike other property there really should be no survivor rights for this money as it was all earmarked for retirement.
Libs will then claim that well since we already control how much if GIVEN to each person each month there is no reason to maintain ownership, plujs we can now eliminate the unfairness of how overly well compensated had shielded their income for so long, yada yada yada

This is how progressive policy moves along

Progressive/libs will never admit it even happened.
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