Frank Keating Quotes

We need to make sure people continue to have access to retirement plans because everyone deserves the opportunity to retire with dignity and financial independence.

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.

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.

The next generation is going to have to understand that Social Security is just one leg of a stool. We need to actually bring back that savings incentive, and the only way you're going to be able to do that is if you have a job.

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

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.

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.

Part of the middle class promise is that, after a lifetime of hard work, you'll be able to retire and enjoy the fruits of that labor. Medicare was established to secure that promise.

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.

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.

Our nation's Social Security Trust Fund is depleting at an alarming rate, and failure to implement immediate reforms endangers the ability of Americans to plan for their retirement with the options and certainty they deserve.

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

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

There's a lot we can do to improve American's retirement security, but it's wrong to replace the guaranteed benefit that Americans have earned with a guaranteed benefit cut of forty percent or more.

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

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

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.

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

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

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.

Social Security not only helps Americans enjoy a secure retirement, it has also kept millions of Americans out of poverty.

Well, we certainly need to raise the retirement age. I've told my 19-year-old and my 22-year-old that they're not going to be getting retirement benefits at age 62.

I think if we are actually going to accept our generation's responsibility, that's going to mean that we give our children no less retirement security than we inherited from our parents.