Most people are going to arrive at retirement and not have adequate money. This is serious. None of us are good at doing our own retirement savings.
More Quotes from Alicia Munnell:
The implication is really clear. People need to have more saved than they did in the past.Alicia Munnell
People will be scrambling at a time when they should be secure.
Alicia Munnell
I worry about the Fed using up its ammunition.
Alicia Munnell
It looks like we're doing as well as we've always done. But in fact, the world has changed. And it's for four big, real obvious reasons.
Alicia Munnell
Everybody is having a terrible time. Nobody is enjoying much in terms of growth in net worth. No one has enough to support themselves in retirement for 20 years.
Alicia Munnell
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Based on Topics: Money & Wealth Quotes, People QuotesIn all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.
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I think a secure profession for young people is history teacher, because in the future, there will be so much more of it to teach.
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What we are seeking so frantically elsewhere may turn out to be the horse we have been riding all along.
Harvey Cox