Kent Conrad: “You know, what flummoxes us is how there can be $1 billion or thereabouts missing and nobody seems to know where it has…”

Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.

Forty-six percent of the American people would have a hard time coming up with $400 for an emergency car repair.

We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.