William Vickrey Quotes

Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.

President Roosevelt, the author of Social Security, was the first to suggest that, in order to provide for the country's retirement needs, Social Security would need to be supplemented by personal savings accounts.

We've got to make sure our younger workers understand that as life expectancy increases, the retirement date for benefits increases also.

I do believe in pensions.

Countries get one chance in history of putting into place a savings retirement scheme on the scale of the Australian superannuation system.

I can't retire.

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?

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.

I'd like to retire at 50 but I don't want to sell papers in the middle of London on a Zimmer.

Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.

Privatizing Social Security will take dollars out of young folks' pockets.

A lot of people aren't saving enough. And incidentally, people are living longer now, and health care is improving. You might end up retired for 30 years - people are not really preparing for that.

Many people will have nothing at the end of their working lives.

Everyone thinks about retirement at some point.

I have a fear of poverty in old age. I have this vision of myself living in a skip and eating cat food. It's because I'm freelance, and I've never had a proper job. I don't have a pension, and my savings are dwindling. I always thought someone would just come along and look after me.

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.

We need to take steps to strengthen and mend Social Security so that its promise of a secure retirement is just as real for seniors in the future as it is today.

Our government makes the simple promise of a secure retirement to every American who works for many years and contributes to our retirement benefit system.

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 will never retire unless I have to.

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

I have to think about the possible ramifications of an early retirement.