George Osborne Quotes

Let's also teach people about pensions and savings, insurance and the like. But if they aren't already familiar with numbers that won't be as effective as it might be.

You got guys that are so old, you see them eating lunch, the drool's just coming from their mouth, and they're sending around memos about 10 percent crosscuts. If I had one tenth of their money, I would be free. They don't know what freedom is. It's a disease. You're one of the rare people that is given freedom, and what do you do with it? You don't live. You choose to be dead in life. Money buys freedom. I mean why is this guy with the slobber worried about taking food off other people's tables? His $19 billion won't get him from where he is to the grave comfortably? That to me is a disease.

Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.

People are always asking me when I'm going to retire. Why should I? I've got it two ways - I'm still making movies, and I'm a senior citizen, so I can see myself at half price.

I always tell people, it's never too late to start saving for retirement. It's not that important how much you have already saved. What's important is that you start saving. And save as much as you can. You will be amazed at how quickly it will build up.

I realized sometime in the early '80s that if I didn't do something - like planning for the future in a way, a kind of pension or something - that if I didn't do something there and then, I was going to be condemned to forever present my three years as a pop star, condensed, as a stage act for the rest of my life. Because that's normally what happens to people in the pop business.

Lets all be reminded, 60 million Americans are on Social Security, 60 million. A third of those people depend on 90% of their income from Social Security. Nobody in this country is on Social Security because they made the decision when they were starting work at 14 that they wanted to trust some of their money with the government.

It used to be, people were afraid to talk about Social Security. Now, I think people should be afraid not to talk about Social Security and start coming up with some solutions.

On aging societies, there is no reason why a country that has a lot of old people can't be prosperous if, during their working lives, individuals provide for their retirement.

Everyone's lost a lot of money on their 401k plans. I've heard some people calling them 201k plans. So it's even more important to get people to be saving more for retirement. Behavioral economics has helped us learn a lot about how to do that.

Social security has enabled people to retire with dignity and overwhelmingly not be in poverty. We have to keep it solvent.

For 60 years, Social Security has meant more than an ID number on a tax form; more than a monthly check in the mail. It reflects our deepest values - our respect for our parents and our belief that all Americans deserve to retire with dignity.

One of the strongest lessons I learned in doing six months of work on retirement topic was how absolutely crucial the Social Security system is for the great mass of Americans. The research of professionals and our own reporting convinced me that many millions of people are not capable of effectively managing the finances for their own retirement.

Now, Social Security through the years, for many many people, has been a terrible investment. It's really a tax, that's all it is. Social Security is a tax.

In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.

Like, people are less likely to invest in their retirement when they have more options in their 401K plans than when they have fewer.

I call people rich when they're able to meet the requirements of their imagination.

Few people have any next, they live from hand to mouth without a plan, and are always at the end of their line.

A lot of people live in a property that will one day be part of their pension, and that is true for me too. I have an investment I can sell with ease.

Cutting benefits is not the right answer. Raising the retirement age is not the best option.

Example is more forcible than precept. People look at my six days in the week to see what I mean on the seventh.

Today, over half of American workers have less than $10,000 in savings and have no idea how they will be able to retire with any shred of dignity.

The industry financial advisers, on average about 85% male, tends to be a more mature financial adviser - so I think in their 50s, really. For so many companies, in their 60s. In fact, there is one company that was telling me they had more financial advisers over the age of 80 than under the age of 30.

So it's not really whether you talk about politics, but how well were you able to do it. Peter Gabriel and Sting get away with it...U2...the examples are there, of people being able to carry these subjects in the music, and the audience is absolutely able to embrace subjects that aren't just the stuff they already know about. And they're actually able to learn stuff.

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.