Kent Conrad: “The suggestion we do not have to do anything is just not being straight with people.”

Millions of Americans are financially unprepared for their retirement.

This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.

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.

We owe it to these men and women to strengthen our retirement system.