Pastoral Resources

We really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.

I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.

One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.

Our society has changed in unforeseeable ways since Social Security was created. For example, we are living longer, healthier, and more productive lives and while this is all great news, this has also placed added pressure on America's retirement system.

Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.

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

Today more people believe in UFOs than believe that Social Security will take care of their retirement.

The current institutionally provided retirement plans will not cover people's needs upon retirement.

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

I can enjoy a vacation as well as the next person, as long as I know it's a vacation and not a premature retirement.

The fine print in the President's Social Security proposal is that all present and future workers under age 55 will have their promised retirement benefits cut.

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.

As Americans, we can choose where we work and live, what we drive, which insurance plan is best for us, so why can we not give workers a choice when it comes to their retirement?

A good job is more than just a paycheck. A good job fosters independence and discipline, and contributes to the health of the community. A good job is a means to provide for the health and welfare of your family, to own a home, and save for retirement.

I believe in financial retirement. I don't necessarily believe in physical retirement.

I will work with my colleagues on both sides of the aisle to preserve the Social Security promise that provides secure retirement benefits for all, especially those who are most at risk such as widows, orphans, and people with disabilities when the need arises.

Who knows whether in retirement I shall be tempted to the last infirmity of mundane minds, which is to write a book.

I think retirement's for old people. I'm still in the business, thank you. I have a young child of nine years old, and I want to live as long as I can to see him grow up. I'm enjoying my life and I want to stick around for as long as I can.

I don't even think about a retirement program because I'm working for the Lord, for the Almighty. And even thought the Lord's pay isn't very high, his retirement program is, you might say, out of this world.

I don't want people losing respect for me as a player. I want to go out in every game and perform to the highest level. I have no retirement plans. I've had a lot of injuries but I want to continue playing.