Max Baucus Quotes

What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.

Whether you are just entering the workforce or nearing retirement age, planning for the future is critical.

I love the Roth IRA. Tax-free income in retirement is a truly great deal.

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

Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers.

Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.

Americans are not saving enough for retirement.

Save your money. You're going to need twice as much money in your old age as you think.

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

If you're going to retire, retire early.

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

Planning to play: that's what saving for retirement is today - and it is antithetical to the nature of play, fully within the definition of work, and blissfully ignorant of the reality of death.

I'm just trying to diversify my portfolio and put myself in a position so when I do retire, the options are limitless.

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

A 401(k) is essentially a basket of mutual funds intended to help people save for retirement.

You can never have the comeback if you don't have the 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.

Many people focus on the 4 percent rule, which essentially says that as long as you withdraw no more than 4 percent from your retirement accounts each year, the money should last you 30 years.

People don't place their trust in government or company pension plans; they have to be self-reliant.

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

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.

To enjoy a long, comfortable retirement, save more today.

Younger workers should have more freedom to build their retirement nest egg.

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