Retirement Insecurity Quotes

If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the century will be dependent on the charity of the younger generation. And ultimately not morals but the fact that the young supply the police and the army will decide the issue: concentration camps for the aged unable to maintain themselves are likely to be the fate of an old generation whose income is entirely dependent on coercing the young.

You cannot go to someone who is 65 or 70 years of age and tell 'em, 'This program that you retired relying on is now being pulled out from underneath you.'

Saving enough to retire has become impossible for most Americans.

The Republican candidates are talking about ways to transition this program and it is a monstrous lie. It is a ponzi scheme to tell our kids that are 25 or 30 years old today, you're paying into a program that's going to be there. Anybody that's for the status quo with Social Security today is involved with a monstrous lie to our kids, and it's not right.

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.

To a generation beaten down by skyrocketing unemployment, plunging retirement savings, and mounting home foreclosures, 'Mad Men' offers the schadenfreude-filled message that their predecessors were equally unhappy - and that the bleakness meter in American life has always been set on high.

Tens of millions of Americans are modern-day slaves - unable to retire early, or working in jobs they don't really want, just for the health insurance they need to take care of themselves, a spouse, or a child with a 'preexisting condition.'

Men aren't able to retire and are going bankrupt making alimony payments.

If Republicans eliminate Medicare, America will become a country in which you can never retire - and once you physically can no longer work, you are desperately poor until you die.

When I think about what I'm going through, as President, it doesn't compare to what the folks that I'm representing are going through. They're losing jobs. They're trying to figure out how to pay their medical bills. They've seen retirements suddenly dissipate because of what's happening in the stock market. And so as tough as the job might be, and the politics of Washington can sometimes be I'm always reminded of how fortunate I am to be here, and what an extraordinary responsibility I have to try to deliver on some of the promises that I made during the election.

Older homeless people are more likely to be women, because they don't have pensions and they are caretakers, so they withdraw from the workforce and end up having no pension if their husband leaves them, so the whole thing is just a nightmare.