“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.”
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“Its a lot of money (when) you add it on to what (hes) already trying to achieve. (People) need to focus on income replacement.”
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“Some people think that were kind of headed toward a train wreck when it comes to baby boomers saving. Theyre saving, but not enough. Their money could retire before theyre done retiring, which could cause a strain on our national fabric.”
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“After youve done the numbers, and its 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 youre retiring.”
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“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.”
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“Marketing to students is definitely working, as many of them end up signing for as many as five to six credit cards.”
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“More Americans are focused on saving for retirement, but are they putting away enough? Its not grounded in a plan and theyre saving blindly. They really dont know if theyre saving enough.”
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“If youre doing retirement planning you realize its a long-term venture. If you have some extra money, now is the time to buy something for 20 years form now.”
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“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.”
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“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.”
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