Social Security is the very foundation of retirement security for millions of Americans.
Americans are not saving enough for retirement.
The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.
When it comes to the mental world, when we design things like health care and retirement and stock markets, we somehow forget the idea that we are limited. I think that if we understood our cognitive limitations in the same way that we understand our physical limitations … we could design a better world.
It's time for a 21st-century retirement age. If 40 is the new 20 and 50 is the new 30, why shouldn't 70 be the new 65? The last time Washington politicians tinkered ever so gingerly with the government-sanctioned retirement age, Ronald Reagan was in office and Generation X-ers were all in diapers.
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.
Social Security not only helps Americans enjoy a secure retirement, it has also kept millions of Americans out of poverty.
The promise of Social Security was reflected in President Franklin Delano Roosevelt's inter-generational compact that rewards hard work and provides retirement security.
It used to be 65 when you went into retirement. Before that, when you got into your 50s, you were getting older.
I know a lot of people in the retirement village that I have a house in in Florida that are on the Internet and are reading the paper on the Internet, and they're communicating on the Internet.
When you are 25, 30, you know, you have no responsibility, no mortgage, no kids, no retirement to think about, nothing.
My 12 years in New York were very, very special, the fans were very special, and it's something I will take with me wherever I go and into retirement.
Well, I think some people are very happy in retirement. And in a year and a half I'm going to see how happy I feel in retirement. I'm just going to not work quite so hard, but I'll continue to write as long as God gives me breath.
Well, we certainly need to raise the retirement age. I've told my 19-year-old and my 22-year-old that they're not going to be getting retirement benefits at age 62.
We shouldn't be put out to pasture just because we've reached somebody's idea of retirement, which was certainly happening in Australia, and I think elsewhere as well.
Raising the traditional and early retirement ages will mean extending workers' taxable earning years, fueling economic growth and putting a dent in our unfunded-liabilities crisis by delaying payouts.
The main purpose of Social Security is to redistribute wealth, to make an increasingly large number of Americans dependent on government for their basic needs in their retirement years.
Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.
Our society has changed in unforeseeable ways since Social Security was created. For example, we are living longer, healthier, and more productive lives and while this is all great news, this has also placed added pressure on America's retirement system.
It seems as if everybody in the country was getting impatient to get his or her particular soldier out of the Army and to upset the carefully arranged system of points for retirement which we had arranged with the approval of the Army itself.
We need to take steps to strengthen and mend Social Security so that its promise of a secure retirement is just as real for seniors in the future as it is today.
Americans believe that people should work hard and get ahead on their own, but when disaster strikes and they need help with retirement or disability, Americans as a whole should come to their aid.
I wanted to start a proper academy and recruit juniors from all over Pakistan following my retirement after the World Open in 1993 but there was no support.
I am not close to retirement. I still have a lot more that I can achieve. There are younger guys coming into F1, but I am not old and I'm not finished.
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