People will be scrambling at a time when they should be secure.
More Quotes from Alicia Munnell:
I worry about the Fed using up its ammunition.Alicia Munnell
God knows what people will do if they're handed 60,000 at retirement.
Alicia Munnell
The implication is really clear. People need to have more saved than they did in the past.
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
With public employees, the day of reckoning is more in the distance.
Alicia Munnell
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