I am very jealous. I know how hard people in my district work to create a little bit of savings.
the only source of all of that revenue is my retirement.
Social Security has really shined during this particular crisis.
the miracle of compounding investment returns turns out to be overwhelmed by the tyranny of compounding cost.
it would be a real mistake to dismantle it, or nationalize it, as has been suggested in this Committee in the past.
I expect we will hear at some length about 'fee disclosure' in 401(k) plans, and the need for improvement.
We must also ask the difficult questions about the state of our nation's retirement system as a whole.
In the short-term, Congress must address ways to improve defined contribution plans.
Retirees ought to have financial security that allows them to focus on family and friends without sacrificing their stan...
I firmly believe that workers have the right to know exactly how much is taken from their accounts.
I hope the Committee will pay the same attention to these issues as we move forward.
now is not the time to frighten people out of the market.
We have to assure these people that the one thing they could count on will still be their Social Security and Medicare.
The Federal Reserve Board must take seriously its responsibility to combat asset bubbles.
I think the opportunity to look at some sort of defined benefit that the government can guarantee, a modest amount, say ...
We need more organized retirement savings.
that just doesn't seem right to me, sir.
I finally believe that workers have the right to know exactly how much is taken from their accounts.
