Less money for retirees means less purchasing power means less economic growth overall. It's a big problem.

It is absolutely stunning. You cannot read numbers that communicate what the reality is. That's part of what I'm trying to get across and that's partly why I use video.

It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on a part-time basis. Some labor economists predict that in about five years there will be a labor shortage in the United States and that demand for retirees to work part-time will grow naturally. I don't know if that's true or just wishful predicting.

There is no question that policy makers, corporate leaders, pension consultants, and journalists too have to get out into the real world to at least see the pain of retirement woes before they start to prescribe policies and solutions.

I personally make sure that some of my investments are in foreign securities or in international commodity portfolios that are independent of the US dollar. But that's a personal preference. I do not invest in currencies because it's so complicated and so risky. I would not attempt that without excellent professional help.

Less money for retirees means less purchasing power means less economic growth overall. It's a big problem.

The issue of the pension gap has got to become visible and important to millions of people before Washington will respond seriously. Right now, everyone thinks it's his or her own problem and that individuals have to do better and save more. Of course, that is true. We all have to save more and take responsibility for our own retirement. But we have a huge social and economic problem on our hands.