William Greider Quotes

Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.

We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.

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

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.

Payroll savings plans are vital because they are essentially the only way that middle-class Americans reliably save for retirement.

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.

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

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

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.

They say the people most affected by the credit crunch are pensioners - well, let go of the handbag then, Nanna.

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.

Invest in people who will take care of you when you're old.

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.

Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal.

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

Unless you are completely retired, earning money is the best form of wealth preservation.

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

Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?

I have no proper money to invest!

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

To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.

But with a rate of return of 1.6 percent or less, or a negative rate of return, our children and our grandchildren, if we do not make changes, will in fact not have a secure retirement. Indeed, they will not have the funds when they go to retire to even minimally get by.

I don't want to live with the guilt of messing up someone's retirement fund.

Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly.