Barack Obama Quotes

Privatizing Social Security will take dollars out of young folks' pockets.

Everyone thinks about retirement at some point.

Who knows? I might retire at the age of 65.

I'm retarded - I mean I'm retired.

Part of the middle class promise is that, after a lifetime of hard work, you'll be able to retire and enjoy the fruits of that labor. Medicare was established to secure that promise.

We've got to make sure our younger workers understand that as life expectancy increases, the retirement date for benefits increases also.

In order to fix Social Security, we must restructure it so that we continue to provide for our Nation's seniors that are approaching retirement age, but allow for younger taxpayers to invest a portion of their Social Security taxes in private accounts.

My parents are retired, basically.

We have a rare and perhaps small window of opportunity to set partisan differences aside, and attempt to achieve what many in recent years have felt was unreachable - greater retirement security for ourselves and our children.

We have so many people retiring that we do not have enough people paying into the system to be able to provide the benefits for those collecting those benefits.

It used to be 65 when you went into retirement. Before that, when you got into your 50s, you were getting older.

I think it’s a nutty idea to fool around with the Social Security system and run the risk of hurting the people who have been saving all their lives…. It may be a new idea but it is a dumb one.

With the duckets that I now have safe, I think I will retire at 66 years of age, praise God, in good health.

No greater tragedy exists in modern civilization than the aged, worn-out worker who after a life of ceaseless effort and useful productivity must look forward for his declining years to a poorhouse. A modern social consciousness demands a more humane and efficient arrangement.

The only way to save Social Security is to raise the retirement age.

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.

We 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.

The retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.

We need to take steps to strengthen and mend Social Security so that its promise of a secure retirement is just as real for seniors in the future as it is today.

The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn't think they were going to be paying benefits for 13-15 years. That's one of the reasons why this pyramid scheme isn't working.

I never use that word, retire.

A man has a birthright to be tired and retired. I am retired completely.

I think the notion of retirement is just a dreadful, dreadful idea and I hope I never have to do that.

When a man retires, his wife gets twice the husband but only half the income.

I'm one of those people who, as long as I am still healthy and my thoughts are more or less clear, I don't think I can retire entirely.