The American public needs help from the employers, help from the government to save. They're very concerned about not being told the truth about Medicare and Social Security. They're ready to deal with that truth.
More Quotes from Dallas Salisbury:
Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.Dallas Salisbury
I think many people end up taking buyout offers quickly because 100,000 (or some other lump-sum payment) can seem like a great deal of money, only to end up realizing after the fact that it wasn't enough to justify leaving. People need to avoid the wide-eyed feeling of I'm winning the lottery and make sure they think about if I am 50 I still got decades ahead of me.
Dallas Salisbury
In general, an individual's likelihood of having health insurance coverage increases with income, ... The research reported here suggests that the uninsured population is more likely to be characterized by low income than previous estimates would have us believe.
Dallas Salisbury
These results illustrate why it's often risky to rely on 'average' numbers, which are too often the only thing that's reported, ... The database shows that individuals' personal experience is often very different from the average.
Dallas Salisbury
The magnitude for trying to create an administrative system and make it functional for 140 million people (in Social Security) could be done, but it will take years. The federal thrift program is having problems and that's a lot fewer people.
Dallas Salisbury
Many people don't even contribute to a 401(k) plan when given the option. And of those that do contribute, 75 percent contribute a fraction of what they could contribute.
Dallas Salisbury
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