We’re every age at once and tucked inside ourselves like Russian nesting dolls. My mother is an 8 year old girl. My grandson is a 74 year old retiree whose kidneys just failed. And that’s the glue between me and you. That’s the screws and nails. We live in a house made of each other and if that sounds strange that’s because it is.
— George Watsky
Most Powerful Retiree quotations
Today there are about 40 million retirees receiving benefits;
by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.
Americans have got to understand that we are paying present-day retirees with the taxes paid by young workers in America today. And that's a disgrace. It's an absolute disgrace and it's got to be fixed.
A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.
It's very likely that graduates, current employees and retirees have some wonderful pieces of Deer Park history in their closets or garages.
Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.
If we do not act now to strengthen Social Security, the system that so many depend upon today will be unable to meet its promises to tomorrow's retirees, and it will burden our children and grandchildren with exhaustive taxes.
More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.
Latinas' life expectancies are relatively long.
When a current retiree hits 65 and begins receiving her benefit check, she can expect to live another 22 years. That life expectancy is higher than white women or men.
I think what should be celebrated about our campaign is we have over 3 million people who have contributed to our campaign - teachers, firefighters, nurses, retirees. They're making up the backbone of this field organization in the country.
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.
According to the Social Security Administration, in 1945, 41.
9 workers supported each individual retiree, while today only 3.3 workers support each retiree. This system cannot continue.
The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on a part-time basis. Some labor economists predict that in about five years there will be a labor shortage in the United States and that demand for retirees to work part-time will grow naturally. I don't know if that's true or just wishful predicting.
Less money for retirees means less purchasing power means less economic growth overall. It's a big problem.
You need somebody to support the retirees.
You need to pay into the pension plans. You need people to work at the hospitals, at the nursing homes.
Unfortunately, people expect a Russian opposition politician to be a manic libertarian who thinks the oligarchs are great, who isn't interested in the problems of retirees and who believes the invisible hand of the market will resolve everything.
Trust is about keeping commitments, but in many instances, circumstances change and organizations therefore shed commitments, things such as retiree medical benefits, pension obligations, and even employees without much remorse or maybe even hesitation.
Enron's president, Ken Lay, passed away last week.
So, I guess even God lost money on that Enron deal. I believe the official cause of death was listed as "karma." The family asked in lieu of flowers, please send some elderly retiree's entire life savings.
No one is talking about restructuring Social Security or Medicare for current retirees or for those that are near retirement. For those under 55, the answer is let's talk about it.
The United Auto Workers is AARP in an Edsel: It has three times as many retirees and widows as 'workers' (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people.
The reason Social Security is in big trouble is we don't have enough workers to support the retirees. Well, a third of all the young people in America are not in America today because of abortion, because one in three pregnancies end in abortion.
Consider what it takes for successful businessmen and businesswomen, effective entrepreneurs and hardworking associates, shrewd retirees and idealistic students to combine forces with a creative pastor to grow a "successful church" today. Clearly, it doesn't require the power of God to draw a crowd in our culture. A few key elements that we can manufacture will suffice.
I left Paramount at the ripe young age of sixty.
A generation ago, that would have been retirement age. But my generation has more energy, more drive, and a greater life expectancy than any group of retirees before us. We are going to be here for two decades or more past 'retirement' age and we want to do something relevant in the so-called third act of our lives.