Robert Kiyosaki Quotes

We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.

A lot of the money in the stock market is really our national retirement plan, for better or worse.

'Returnless risk' is not how you prepare for a decent retirement.

Throughout the Great Recession of 2008, the average 401(k) balance lost anywhere from 25 to 40 percent of value. Nobody was more harmed than baby boomers or recent retirees, who, unlike younger workers, didn't have the time for the market to rebound or were no longer contributing and therefore unable to invest when stocks were cheap.

Our seniors' retirement should never rely on the bull of political promises or the bear of the market.

You can imagine, if somebody's approaching retirement, and all of a sudden the funds that he or she is depending on is depleted by 50% or however many, it gives them a sinking feeling in the pit of their stomach.

Do I want to see people take their Social Security payments and put them into private accounts, open up an eTrade account and go into the stock market? Absolutely not.

Under Reagan came the idea of putting your pension plan in the stock market, which wasn't a guaranteed pension.

I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.

In other words, Social Security is every bit as insecure as the stock market.

But while the state pension is a critical foundation for people's financial security as they age, it must be supplemented with other forms of retirement income.

As 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.

A whole generation of Americans will retire in poverty instead of prosperity, because they simply are not preparing for retirement now.

I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.

The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.

Knowing where you stand in your quest to accumulate enough money for retirement is an incredibly important part of the planning process.

Retirement security is often compared to a three-legged stool supported by Social Security, employer-provided pension funds, and private savings.

Employees did not only have their money in their 401k’s. They had their lives in those 401k’s ... today most people have most of their money in public stocks ... and the government regulates very little of this.

Americans should be able to enjoy a secure retirement after a lifetime of hard work. But too many Americans reach retirement without enough savings to supplement their Social Security benefits.

A secure retirement is one of the pillars of middle class life. For all too many Americans, however, that pillar needs more support.

I'm not sure that too many Americans would choose the president to manage their retirement accounts.

You're starting to see a lot of fighters, like, 'We want more money so we can be able to retire eventually,' instead of, we get to 30 years old, and we're like, 'Alright, I think Costco has openings.'

If you put nothing away for retirement, I can tell you, to the last penny, how much you will have when you retire: nothing.

Saving enough to retire has become impossible for most Americans.

People just haven't saved enough for retirement. And they're going to outlive their money.