Kent Conrad: “If we continue down this path of spending and borrowing recklessly, we will leave America weakened and diminished.”

That I like to call the 'Conrad provision.'

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

I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.

Fully 64 percent of the American people said they were worried about not having enough money for retirement.