Political Quotes

On the recordJune 24, 2008
The resolution before us supports the goals and ideals of National Save for Retirement Week, which this year falls between October 19 and October 25, 2008. I want to thank my colleague, Mr. Johnson of Texas, for working with me to bring attention to the importance of retirement planning for American families. We are living in a time when workers are being asked to shoulder an increasing share of the cost of saving for retirement. Even with an employee-sponsored retirement plan and the promise of Social Security benefits, Americans need to put additional money aside to ensure a financially secure retirement. For many Americans, saving is becoming an increasingly difficult task as they struggle to meet their everyday obligations. Even in solidly middle-income families, financial resources are stretched thin as parents work to meet other pressing needs, whether it's purchasing health care coverage, paying for college, buying a tank of gas, or simply paying monthly bills on time. Over the past several years, we have seen a dramatic shift in our retirement system.
Said by
John Schwartz
Pennsylvania

Editor's note · Context

Discussing the importance of retirement planning during National Save for Retirement Week.

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