Martin Bashir Quotes

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.

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.

I didn't make enough money in my sport to retire.

Many seniors understand that Social Security is social insurance as opposed to a program where we put money aside for our own retirement. But most elderly individuals think they're getting their money back. So it isn't selfishness as much as a misunderstanding.

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.

The rolling contract was designed to specifically take away some of that retirement talk and retirement issue.

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

Luckily, I had a long career and made good money.

I, like everybody else, have lost most of my pension plan in this economic crash. So I have to. I'm going to call it I Slept With Everyone On Television.

The question isn't at what age I want to retire, it's at what income.

To the hard-working people who set a little bit aside each month, to provide for their children, or to fund their own retirement, I say: you should be rewarded not punished.

I can't retire.

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

Money isn't everything, but it is when you start thinking about putting money away for your retirement days.

Maybe wanting to retire is my ambition.

Well, today people have to be self-reliant if they want a secure retirement income.

I figure the faster I pedal, the faster I can retire.

I look back on it, yeah, I'm in a much worse financial position than I was eight years ago. I'm going to have to go out at age 62 and kind of readdress some of that.

I suspect if people live a lot longer they would be retired for a somewhat longer period of time. Just the financial planning takes on a very different character.

Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.

We need to build on the success of Social Security by developing bold and innovative ways for Americans to build wealth and save for retirement. I believe we can work together in a bipartisan manner to accomplish these goals.

I think it eminently proper that a president should retire from active politics, and equally proper that he should be able to live in quiet independence.

With or without a Social Security fix, Americans don't have enough assets to retire on. There has to be a much larger debate.

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.