Popular quotes about Retirement! Wisdom and inspiration are here!
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.
Hedrick SmithYour manner of life now is already determining your life in those years of old age and retirement, without your realizing it even, and perhaps without your giving enough thought to it. One must therefore prepare oneself for retirement.
Paul TournierWe obviously have to honor the commitments that have been made to the people who are already retired or near the retirement age. But we need to tell the truth about the fact that when we set the retirement age at age 65 in America, life expectancy was only 62.
Benjamin E. SasseRetirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control.
Richard ThalerMy financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?
Cal ThomasOver half of people who are working now and over 50 have nothing for retirement savings. They will only have Social Security to rely on.
Teresa GhilarducciRepublicans are suggesting that you take your retirement money and invest it in the stock market to take care of yourself but that leaves you with choices that you may not know anything about. The purpose of social Security is that you don't fall through the crack and find yourself destitute.
Debbie Wasserman SchultzSpecifically, I am concerned about the long-term condition of Social Security. I am committed to ensuring that current beneficiaries and those nearing retirement face no reduction in benefits, while preserving this vital program for future generations.
Cliff StearnsIf you depend on your company to take care of your retirement, your future income will be divided by five. Take care of it yourself, and you can multiply your future income by five.
Jim RohnFor all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.
Suze OrmanWe've got to make sure our younger workers understand that as life expectancy increases, the retirement date for benefits increases also.
Ken BuckYou have to pick what you're going to be worried about. Markets are volatile, but retirement is certain.
Nick MurrayMany priests say that retirement is more identified with freedom from meetings, budgets, personnel conflicts, and "dealing with the Chancery." Even as I struggled not to take that last point too personally, I was reminded that I have heard the same sentiment from many of my bishop friends as well!
Wilton Daniel GregoryOne state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.
Chris ChristieI would love to do both but I think I believe there's a thing as overexposure and I think people will get sick of me real quick. I kind of basically looked at it as my retirement plan now. That's definitely something I can do when I'm not wrestling anymore. And believe it or not - this sounds horrible - but it was really easy for me. I would really love to do both. I'd love to wrestle and do commentary, I think that would be awesome.
CM PunkI'm not sure the notion of employee or job is going to survive the transition over the next couple of decades. The very notion of a fulltime job will seem as quaint in 20 years as the notion of someone getting a gold watch at their retirement in the 1950s.
Paul SaffoIf a woman did not work and have the opportunity to save and invest on her own throughout her lifetime, she is often totally reliant on her family and Social Security for her retirement years.
Ginny Brown-WaiteCash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.
Suze OrmanI have now the gloomy prospect of retiring from office loaded with serious debts, which will materially affect the tranquility of my retirement.
Thomas JeffersonEspecially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.
Barbara CorcoranAs you know President Bush has been traveling around the country trying to sell his new Social Security plan. He wants to take our retirement money and invest it in the stock market. He says nothing can go wrong. I'll mention that to Martha Stewart the next time I see her.
Jay LenoI am running for president to help create a better future. A future where everyone who wants a job can find one. Where no senior fears for the security of their retirement. An America where every parent knows that their child will get an education that leads them to a good job and a bright horizon.
Mitt RomneyBut did the Founding Fathers ever intend for the federal government to involve itself in education, health care or retirement benefits? The answer, quite clearly, is no. The Constitution, in Article I, Section 8 - which contains the general welfare clause - seeks to restrain federal government, not expand it.
Larry ElderLegitimately produced, and truly inspired, fiction interprets humanity, informs the understanding, and quickens the affections. It reflects ourselves, warns us against prevailing social follies, adds rich specimens to our cabinets of character, dramatizes life for the unimaginative, daguerreotypes it for the unobservant, multiplies experience for the isolated or inactive, and cheers age, retirement and invalidism with an available and harmless solace.
Henry Theodore TuckermanThe simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan (TSP). The plan has been a remarkable success, and now holds some $173 billion of assets for the benefit of our public servants and members of armed services.
David F. SwensenThe long bitter years of the Cold War are over. America and her allies have won; totally, decisively, and overwhelmingly....So thank you SAC. Job well done. Enjoy your retirement.
Colin PowellEvery position must be held to the last man. There must be no retirement. With our backs to the wall, and believing in the justice of our cause, each one of us must fight to the end.
Douglas Haig, 1st Earl HaigWe have to adjust the age retirement for younger people. People of my income level are going to have to have their benefits means-tested. Democrats are going to want a simpler tax code.
Lindsey GrahamThe main problem of America is that you're seeing people working all over this country two jobs, they're working three jobs, and they're getting nowhere in a hurry. They're working hard. They can't afford to send their kids to college in many instances. They can't afford child care for their little babies. They're worried to death about retirement.
Bernie SandersFishing is a pleasure of retirement, yet the angler has the power to let the fish live or die.
Zicheng HongWe can say without exaggeration that the present national ambition of the United States is unemployment. People live for quitting time, for weekends, for vacations, and for retirement; moreover, this ambition seems to be classless, as true in the executive suites as on the assembly lines. One works not because the work is necessary, valuable, useful to a desirable end, or because one loves to do it, but only to be able to quit - a condition that a saner time would regard as infernal, a condemnation.
Wendell BerryI had a very bad torn groin, my abdomen right through my legs. I was finding it really hard to get in the ring and run around and function at a decent rate. Then they had the idea that it might be better to do a retirement thing.
Owen HartThe information glut has become a ruling cliche. As all resources - from energy to information - become more abundant, the presure of economic scarcity falls ever more heavily on one key residual, and that single shortage looms ever more stringent and controlling. The governing scarcity of the information economy is time: the shards of a second, the hours in a day, the years in a life, the latency of memory, the delay in aluminum wires, the time to market, the time to metastasis, the time to retirement.
George GilderIn 1890, nearly everyone died on the job, and if they lived long enough not to die on the job, the average age of retirement was 85.
Robert FogelFew things infuse a member of Congress with more courage than self-imposed term limits or an imminent retirement. The issues they choose to focus on in their final months say a great deal about what are really the most important issues in the country.
Tom CoburnMen and women approaching retirement age should be recycled for public service work, and their companies should foot the bill. We can no longer afford to scrap-pile people.
Maggie KuhnA squirrel attacked me. I got attacked by a squirrel in Battersea Park. They're dangerous. It's rare. I've torn most of the ligaments in my knee. So no football for me. It's early retirement now. I've got a floating knee-cap!
Niall HoranThurgood Marshall because of his experience of discrimination did bring a special perspective to the court. Thatโs what his colleagues on the court so valued him for as all the tributes pouring in after his retirement attested.
Deborah RhodeI'm enjoying my retirement, enjoying my life. I have two kids and a lot of my time is spent chasing these two animals.
Pete SamprasI think the retirement crisis globally is a major problem. I think it's especially prevalant in countries such as Japan, where immigration is an issue. I think the US is more shielded from it than most countries in the world. It has a higher birth rate than Japan, immigration is tolerated here unlike probably it is in Japan. I don't think it's as big an issue in the US as it is elsewhere in the world.
Martin GilbertAfter you marry, every asset either of you acquires is jointly held. That's why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don't, you can end up deeply frustrated and financially spent.
Suze Orman