Pension Quotes - Page 5

• I first had money for investment just at the time of the 2008 crisis and shares have been highly volatile since then. So I do have shares in my pension but I have tended to invest in specific projects that include property and private companies that have been very well researched by my advisers.

  Andy Murray

  Firsts, Investment, Share

  Source: www.telegraph.co.uk

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• I realized sometime in the early '80s that if I didn't do something - like planning for the future in a way, a kind of pension or something - that if I didn't do something there and then, I was going to be condemned to forever present my three years as a pop star, condensed, as a stage act for the rest of my life. Because that's normally what happens to people in the pop business.

  Nick Lowe

  Stars, Years, People

  Source: www.gq.com

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• In England pensions used to be given to aristocrats, because aristocrats had political influence, in order to corrupt them. Here pensions are given to the great democratic mass, because they have political power, to corrupt them.

  William Graham Sumner

  Order, Political, England

  William Graham Sumner (1903). “What Social Classes Owe to Each Other”, p.123, Ludwig von Mises Institute

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• Government aid programs have been endlessly expanded, and the government has sought to maximize the number of people willing to accept handouts..... Roughly half of all Americans are dependent on the government, either for handouts, pensions, or paychecks.

  James Bovard

  Government, Numbers, People

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• Social Security is a widely popular program because the individual has been deceived by the Statist to believe that the government has been prudently and diligently managing his accumulated pension investment in his Social Security account, which he presumes to be funded by his own payroll taxes.

  Mark Levin

  Believe, Government, Payroll Tax

  Mark R. Levin (2009). “Liberty and Tyranny: A Conservative Manifesto”, p.90, Simon and Schuster

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• I would like to invite the citizens of Great Britain and the citizens of the U.S. and the citizens of the world to come here and walk freely through the streets of Venezuela, to talk to anyone they want, to watch television, to read the papers. We are building a true democracy, with human rights for everyone, social rights, education, health care, pensions, social security, and jobs.

  Hugo Chavez

  Jobs, Rights, Democracy

  Source: www.progressive.org

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• Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.

  Henry David Thoreau

  Long, People, Age

  Henry David Thoreau (2014). “The Maine Woods: The Writings of Henry David Thoreau, Volume III (of 20)”, p.74, Trajectory Inc

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• [A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. ...the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013

  Janet Yellen

  Two, Financial, Wealth

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• They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.

  Chris Christie

  Health, Years, Reform

  Chris Christie's speech at the Republican National Convention, www.foxnews.com. August 28, 2012.

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• One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.

  Chris Christie

  Retirement, Years, Careers

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• If you've been frugal during your life and tried to save, you're penalised by the tax system. You pay tax on your wages, your savings and even your private pension.

  Geoff Capes

  Saving, Wages, Pay

  Source: www.telegraph.co.uk

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• I assure the ex servicemen that One Rank One Pension has been accepted in principle but it is in talks. We want to get a solution which is acceptable to all. Discussions have come to the final leg, we hope for a positive result.

  Narendra Modi

  Legs, Want, Principles

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• Many governments have faced the proposal of One Rank One Pension but no solution has been found yet.

  Narendra Modi

  Government, Proposal, Found

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• You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.

  Shia LaBeouf

  Pension Plans, Risk, Acting

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• In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.

  Hedrick Smith

  Country, Retirement, People

  Source: www.washingtonpost.com

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• ... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!

  Merton Miller

  Mean, Majority, Investing

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• The most important thing to understand about your pension is it only really counts on the day you put money in and the day you take money out.

  Martin Lewis

  Important, Important Things

  "Money saving expert Martin Lewis reveals what Brexit could mean for your finances" by Vikki White, www.mirror.co.uk. July 2, 2016.

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• I was really shocked after all of this talk about coal miners and all of this talk about Buy America, the Republicans and the House of Representatives gutted health care and pension protections for coal miners and removed the Buy America provision that had been put in the bill in a bipartisan basis.

  Claire McCaskill

  Coal Miners, America, House

  Source: abcnews.go.com

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• We need 21st century programs. We have to change the dynamic because the world - we're not in the Industrial Revolution anymore, where you could leave high school, go work at the town factory for 50 years, and retire with a pension.

  Marco Rubio

  School, Years, Towns

  "Closing the Gap: Sen. Marco Rubio on how more education, fewer broken families can change income inequality". Interview with Gwen Ifill, www.pbs.org. February 13, 2014.

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• And most of all, it means continually drawing connections among these seemingly disparate struggles—asserting, for instance, that the logic that would cut pensions, food stamps, and health care before increasing taxes on the rich is the same logic that would blast the bedrock of the earth to get the last vapors of gas and the last drops of oil before making the shift to renewable energy.

  Naomi Klein

  Struggle, Mean, Cutting

  Naomi Klein (2014). “This Changes Everything: Capitalism Vs. The Climate”, p.61, Simon and Schuster

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• Look, you're not going to get me to say that Democrats don't make mistakes. We do. I mentioned two areas - pension reform and seniority and tenure. I've done both - I've advocated for both. I've advocated for - seek for reform as well.

  Antonio Villaraigosa

  Mistake, Two, Reform

  "David Axelrod and Mayor Antonio Villaraigosa defend President Obama's economic record". "Fox News Sunday" with Chris Wallace, www.foxnews.com. September 02, 2012.

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• But I will say, I think there are some Democrats that don't want to address pension reform. I have taken on the issue of seniority and tenure. I think we have to address entitlements and the president has done that in his budget. I think we have to extend Medicare and the president has done that. But also reinvest in that program.

  Antonio Villaraigosa

  Taken, Thinking, Issues

  "David Axelrod and Mayor Antonio Villaraigosa defend President Obama's economic record". "Fox News Sunday" with Chris Wallace, www.foxnews.com. September 2, 2012.

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• I am in favor of reducing all budget items. But the item I don't want to reduce is the pension expenditure because it affects the weakest part of society.

  Mariano Rajoy

  Favors, Want, Reducing

  "Will Spain Be the Next Greece?". Interview with Lally Weymouth, www.slate.com. October 28, 2011.

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• It's clear to me when you do private equity well, you're making companies more efficient and helping them grow and become more profitable. That success means our investors - such as public pension funds - benefit, which contributes to the economic wealth of society.

  David Rubenstein

  Mean, Benefits, Helping

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• You get behind some of the numbers, like the underfunded pensions in the US, and I'm not sure people even understand how wrong their situation is.

  Ken Moelis

  Numbers, People, Situation

  Source: nordic.businessinsider.com

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