“We need to simplify the process for small employers. We also need to build demand among employees by persuading them to consider retirement planning a priority.”
“Some people think that we're kind of headed toward a train wreck when it comes to baby boomers' saving. They're saving, but not enough. Their money could retire before they're done retiring, which could cause a strain on our national fabric.”
“After you've done the numbers, and it's not rocket science to do that, you may have a gap. The earlier you know that, the better. The time to discover that is not when you're retiring.”
“People have to balance their consumption with their formation of their nest egg. They have to not sacrifice tomorrow for being able to spend all they possibly can today.”
“More Americans are focused on saving for retirement, but are they putting away enough? It's not grounded in a plan and they're saving blindly. They really don't know if they're saving enough.”
“If you're doing retirement planning you realize it's a long-term venture. If you have some extra money, now is the time to buy something for 20 years form now.”
“We all recognize that investors need to know certain key facts and concepts. But it may be even more important to their long-term financial security that investors learn the behavioral process of investing.”
“Everyone recognizes that investors need to know certain key facts and concepts, but it is important that they learn the behavioral process of investing -- such as checking the background of a stockbroker or investment adviser -- that may prove to be just as critical to their success in the long run.”
