Kent Conrad: “The problem that we run into in a budget context is those bonds that Social Security holds that are real assets.”

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.

The new improvised system was not adequate.

I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.