Quotes of All Topics . Occasions . Authors
I think the retirement crisis globally is a major problem. I think it's especially prevalant in countries such as Japan, where immigration is an issue. I think the US is more shielded from it than most countries in the world. It has a higher birth rate than Japan, immigration is tolerated here unlike probably it is in Japan. I don't think it's as big an issue in the US as it is elsewhere in the world.
It is so natural for us to consider our presence as indispensable in the world, so long as we have much to do in it, that the wisdom of retiring wholly from employments in advanced life may be questioned. Certainly, he who does so is in danger of finding, before long, that he has only given up the occupation to which he has been accustomed, for the new business of calculating the period of his decease.
The ‘Great Society’ has not worked and it’s put us into the modern welfare state. If you look at China, they don’t have food stamps. If you look at China, they’re in a very different situation. They save for their own retirement security…they don’t have the modern welfare state and China’s growing. And so what I would do is look at the programs that LBJ gave us with the Great Society and they’d be gone.
Macroeconomic stability will be more elusive and that will affect all of our lives: from the risks many will face in childhood, to the security of employment at working age, to the challenge of accumulating for retirement. More financial instability will introduce more uncertainty all down the line, and that will be a very different world than the one we would have lived in only a couple of decades ago.
It's probably also smart to keep some money in cash to invest it. But I would resist at all costs taking a lump-sum distribution because the tendency is to spend out too fast in the early years of your retirement. The advice of professionals is to take out no more than 5% per year and that will give you 20 years of distributions, and at your age, 55, you probably have more than 20 years life expectancy.
Among the numerous requisites that must concur to complete an author, few are of more importance than an early entrance into the living world. The seed of knowledge may be planted in solitude, but must be cultivated in public. Argumentation may be taught in colleges, and theories formed in retirement; but the artifice of embellishment and the powers of attraction can be gained only by a general converse.
Better world. Better life for everybody, every worker. Poor kids oughta be able to go anyplace their brains will take them. Not where Daddy or Mommy's pocketbooks can send them. Everybody oughta have health care, everybody oughta have some retirement security, every American. Every one. Everybody oughta have a decent good job. That's what I believe in, and that's what I fight every day to try to achieve.
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.
Sport teaches you so much, and you can translate that to other parts of life. But it's definitely a lot of dedication, not just for, you know, myself or the children, but the parents, the family finances, the money that you could be putting toward retirement you're using to buy tennis shoes and restring rackets and tennis lessons. So if you don't make it, then you may never retire. It's definitely a lot of risk.
At my age, and in my circumstances, what sinister object, or personal emolument had I to seek after, in this life? The growing infirmities of age and the increasing love of retirement, daily confirm my decided predilection for domestic life: and the great Searcher of human hearts is my witness, that I have no wish, which aspires beyond the humble and happy lot of living and dying a private citizen on my own farm.
Social Security is fine for those at or near retirement today. For those receiving their checks today, don't worry. It's going to be there for you. For those that are nearing their retirement years, don't worry, it's going to be there for you. But for your kids - for your boy and my boy, and for their children, for our kids and grandkids, it's a real big question as to whether or not the system's going to be there.
Time is never more misspent than while we declaim against the want of it; all our actions are then tinctured with peevishness. The yoke of life is certainly the least oppressive when we carry it with good-humor; and in the shades of rural retirement, when we have once acquired a resolution to pass our hours with economy, sorrowful lamentations on the subject of time misspent and business neglected never torture the mind.
When a man is forced into early retirement, he is often being 'given up for a younger man.' Being forced into early retirement can be to a man what being 'given up for a younger woman' is for a woman... Why do many men get more upset by retirement than women do from the empty nest when their children leave home? When females retire from children, they can try a career; when a man retires from a career, his children are gone.
Here, the certain temple rule, this seems to me to have a certain responsibility to look after the well-being of society and look after Buddhism and culture. I consider these part of the practice of spirituality. There is no competition between spiritual practice and party politics. That is outdated. We already, since 2001, have elected political position. My position is semi-retired. I am looking forward to complete retirement.
Miles Davis had been in retirement for five or six years and he was coming out of retirement and he was looking for young guys. Somebody gave him my name and he called me and said, "Can you show up at Columbia Studios in two hours?" I'm like, "Whoa, is this the real Miles Davis?" He's like, "Yeah." So I showed up and yeah, it was intimidating, but music is so important to me that the intimidation was all before the notes started.
I don't want to quit. I've always said that Clint Eastwood is one of my best friends. I've known Clint for many years and we have almost a jokey relationship about retirement. I always say: "OK Clint, are you ready to retire this year?" And he always says: "No, are you?" So, I'm waiting for the phone call where Clint says he's hanging up his spurs. That's never going to happen. If it doesn't happen for Clint, it won't happen for me.
I would love to do both but I think I believe there's a thing as overexposure and I think people will get sick of me real quick. I kind of basically looked at it as my retirement plan now. That's definitely something I can do when I'm not wrestling anymore. And believe it or not - this sounds horrible - but it was really easy for me. I would really love to do both. I'd love to wrestle and do commentary, I think that would be awesome.
It's like living in a retirement home! Clarence is taking a nap right now, and he eats at five. It's so boring." "You've only been here for two days." "And that's been more than enough. The only thing keeping me alive is that he keeps a hefty supply of liquor on hand. But at the rate I'm going, that'll be gone by the weekend. Jesus Christ, I'm climbing the walls." His eyes fell on the cross at my neck. "Oh. Sorry. No offense to Jesus.
If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.
My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?
How strange it is, our little procession of life! The child says, "When I am a big boy." But what is that? The big boy says, "When I grow up." And then, grown up, he says, "When I get married." But to be married, what is that after all? The thought changes to "When I'm able to retire." And then, when retirement comes, he looks back over the landscape traversed; a cold wind seems to sweep over it; somehow he has missed it all, and it is gone.
In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.
Note the individual and subjective nature of each case. No two are alike and there is no reason to expect them to be. Each man or woman must find for himself or herself that occupation in which hard work and long hours make him or her happy. Contrariwise, if you are looking for shorter hours and longer vacations and early retirement, you are in the wrong job. Perhaps you need to take up bank robbing. Or geeking in a sideshow. Or even politics.
Look, we're trying to explore other options to your retirement," the whitecoat said. "You might be useful to us in other ways." Because we're not that useful dead,"Nudge said thoughtfully. No," I agreed. "Well, maybe as doorstops." The whitecat made an "eew" expression. Or those things in a parking lot that show where the cars should stop," suggested Iggy. He closed his eyes and went stiff, to demonstrate what it would look like. Also an option.
Financial literacy is not an end in itself, but a step-by-step process. It begins in childhood and continues throughout a person's life all the way to retirement. Instilling the financial-literacy message in children is especially important, because they will carry it for the rest of their lives. The results of the survey are very encouraging, and we want to do our part to make sure all children develop and strengthen their financial-literacy skills.
The idea of the book ["The Japanese Lover"] came in a conversation that I had with a friend walking in the streets of New York. We were talking about our mothers, and I was telling her how old my mother was, and she was telling me about her mother. Her mother was Jewish, and she said that she was in a retirement home and that she had had a friend for 40 years that was a Japanese gardener. This person had been very important in my friend's upbringing.
Legitimately produced, and truly inspired, fiction interprets humanity, informs the understanding, and quickens the affections. It reflects ourselves, warns us against prevailing social follies, adds rich specimens to our cabinets of character, dramatizes life for the unimaginative, daguerreotypes it for the unobservant, multiplies experience for the isolated or inactive, and cheers age, retirement and invalidism with an available and harmless solace.
As time passes on I turn the next page To discover a new me while I continue to age. I may no longer be Who I was long ago But I still can matter - That much I know. With a new set of tools I have gathered from time - I keep looking forward To more mountains to climb. My best is not over As the skeptics might say - I just learn how to conquer In a much wiser way. So don't sell me short - I am not nearly done - I CAN STILL MATTER - I've only just begun.
Ms. Merkel is avoiding retirement issues. She simply doesn't want to do anything, although she knows that doing nothing means that real pensions will fall. That is preprogrammed old-age poverty. When it comes to wage fairness: It was Ms. Merkel herself who blocked the establishment of a right to return to a fulltime job after going part time for a period. Yet everyone keeps saying that our platform is identical to that of the conservatives. It's crazy.
Retirement is a very subjective thing. There are guys I know who retire and they're very happy and they never miss work at all. I can't see myself retiring and fondling a dog every day. I like to get up and work and go out. I have too much energy or too much nervous anxiety or something. So I don't see myself retiring. Maybe I will suddenly get a stroke or a heart attack and I will be forced to retire, but if my health holds out I don't expect to retire.
It's Good...But No more rush hour driving To start and end your day No more early alarm calls But..much less pay No more back stabbing Or rising to the bait No more phone calls from the boss Asking you to work late But...having to get by On half your hourly rate Now you have all day To sit or doze to stay to go Anywhere you like... ..cheaply You've got less dough Travel around the world Do anything you've desired But do it economically Now that you're retired
People look at things differently. Imagine going to a village in Southern Sudan and try to explain to someone there the concept of life insurance or retirement. Go to Vietnam and say retirement. Retirement in another country is your body is too racked with pain and your hands are too arthritic from the life in the rice patty fields, so you can't work anymore. So you move in with your son and his new wife takes care of you because that's how families work there.
My big "double-aha" moment came while anchoring the national news at CBS News. It was at the height of the recession, and on top of the usual negative stories, my newscasts became full of especially heart wrenching stories of people losing their homes, jobs, and retirement savings. Starting the morning off like that could leave even the most optimistic person feeling helpless and hopeless. The lightning bolt came when we changed how we talked about the negative.
The retirement financial crisis will affect far more people than baby boomers, and certainly it will affect their children. Most of the retirees and near-retirees with whom we talked, said that they were extremely reluctant to have to depend on their children financially, or to think of moving in with their children. But the mere fact that they were discussing those issues indicates that some of them have already figured out that that is what lies ahead for them.
After announcing that the 2000 season would be his last before retirement: Last winter I made the decision to coach for only one more season. I have been wrestling with the timing of announcing that decision. After seeing the outstanding attitude and work ethic of this team, I came to the conclusion that it's best to get the announcement out of the way now so we can focus on the season and avoid the repeated distractions that come from questions about my retirement.
Pleasure is to a woman what the sun is to the flower: if moderately enjoyed, it beautifies, it refreshes, and it improves; if immoderately, it withers, deteriorates, and destroys. But the duties of domestic life, exercised as they must be in retirement, and calling forth all the sensibilities of the female, are perhaps as necessary to the full development of her charms, as the shade and the shower are to the rose, confirming its beauty, and increasing its fragrance.
We will not wish we had made more money, acquired more stuff, lived more comfortably, taken more vacations, watched more television, pursued greater retirement, or been more successful in the eyes of this world. Instead, we will wish we had given more of ourselves to living for the day when every nation, tribe, people, and language will bow around the throne and sing the praises of the Savior who delights in radical obedience and the God who deserves eternal worship.
I have fantasy jobs like working in retail at a department store just selling rich housewives outfits and saying 'this looks fabulous on you! Let me find a matching handbag!' Then, the other is being like some sort of Vice or taskforce, law enforcement, undercover [person]. Or possibly someday becoming a guerilla activist - I'm kind of in-training for that now anyways. So, maybe my retirement will be jumping on ships, kidnapping, and [participating in] espionage. I still fantasize.
In order to make a success of old age, one must begin it earlier, and not try to postpone it as long as possible. In the middle of life we must stop to think, to organize our existence with an eye to a still distant future, instead of allowing ourselves to be entirely sucked into the professional and social whirl. It is then that it is important to give place little by little to less external activities, less technical and more cultural, which will survive the moment of retirement.
When a child becomes an adult . . . the elders are fearful. And for good reason . . . not we but they are the germinators of future generations. Will they leave us behind as we did our parents? Consign us to neatly paved retirement villages? Trample us in the dust as they go flying out to their new galaxies? We had better tie them down, flagellate them, isolate them in the family cocoon, . . . indoctrinate them into the tribal laws and make sure they kneel before the power of the elders.
The retirement of Athanasius, which ended only with the life of Constantius, was spent, for the most part, in the society of the monks, who faithfully served him as guards, as secretaries, and as messengers; but the importance of maintaining a more intimate connection with the catholic party tempted him, whenever the diligence of the pursuit was abated, to emerge from the desert, to introduce himself into Alexandria, and to trust his person to the discretion of his friends and adherents.
I love playing for my country. I see it as the biggest privilege of my career, so there's no way I'm going to volunteer to give that up. I want to go on for as long as I can. I've got 68 caps and I'd love to think I could get 100. I know there are some players who reach their 30s and announce their international retirement. I totally understand and respect their decisions. We are away a lot and for long spells. But although it's hard, we're doing one of the most privileged jobs in the world.
If we stop believing in a future, if we stop doing things for something else but start doing them for now, some fundamental things change. Retirement becomes less about how much money you can squirrel away now and much more a matter of participating and contributing to your own community now so that they want to take care of you. … We’re going to move into a world where your retirement will be more secure if you’ve made lots of friends with young people rather than collected lots of dollars.
We think that life is about get the girl, get the guy, get the car, get the job, get the house, get the kids, get the better job, get the better car, get the better house, get the promotion, get the office in the corner, get the kids on their way, get the grandkids, get the retirement watch, get the cruise tickets, get the illness, and get the heck out. That's it. That's a good life. But life has nothing to do with any of that. That is not our purpose in living. That is not the Agenda of the Soul.
If you're willing to put in the work, the idea is that you should be able to raise a family and own a home, not go bankrupt because you got sick, 'cause you've got some health insurance that helps you deal with those difficult times; that you can send your kids to college; that you can put some money away for retirement. That's all most people want. Folks don't have unrealistic ambitions. They do believe that if they work hard, they should be able to achieve that small measure of an American dream.
We can say without exaggeration that the present national ambition of the United States is unemployment. People live for quitting time, for weekends, for vacations, and for retirement; moreover, this ambition seems to be classless, as true in the executive suites as on the assembly lines. One works not because the work is necessary, valuable, useful to a desirable end, or because one loves to do it, but only to be able to quit - a condition that a saner time would regard as infernal, a condemnation.
The information glut has become a ruling cliche. As all resources - from energy to information - become more abundant, the presure of economic scarcity falls ever more heavily on one key residual, and that single shortage looms ever more stringent and controlling. The governing scarcity of the information economy is time: the shards of a second, the hours in a day, the years in a life, the latency of memory, the delay in aluminum wires, the time to market, the time to metastasis, the time to retirement.
The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan (TSP). The plan has been a remarkable success, and now holds some $173 billion of assets for the benefit of our public servants and members of armed services.
Since her retirement from teaching Miss Beryl's health had in many respects greatly improved, despite her advancing years. An eighth-grade classroom was an excellent place to snag whatever was in the air in the way of illness. Also depression, which, Miss Beryl believed, in conjunction with guilt, opened the door to illness. Miss Beryl didn't know any teachers who weren't habitually guilty and depressed-guilty they hadn't accomplished more with their students, depressed that very little more was possible.
I do believe if one keeps busy it's very good for a person. In fact, people are always rushing into retirement and we read in Europe that people there are talking about their retirement age and moving it to 67 or something. Well, back when they started retirement funds and everything, the average age was 70 or 60, and then all of a sudden now it's 80, and so. [...] And so you keep in shape, you keep yourself mentally in shape. And if you keep yourself mentally in shape, chances are physically it will follow suit.