Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too much risk, because the company is both your employer and the source of your retirement income. So if something goes wrong, you lose both your job and your retirement plan.
The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.
Workers are most likely to save for retirement if they have access to a workplace savings plan and are automatically enrolled in that plan.
A lot of the money in the stock market is really our national retirement plan, for better or worse.
The President has no real plan to address the fiscal challenges arising from the retirement of the baby boom generation, let alone a plan to fix Social Security.
At the heart of Erisa is the requirement that plan fiduciaries act with an 'eye single' to funding the retirements of plan participants and beneficiaries. This means investment decisions must be based solely on whether they enhance retirement savings, regardless of the fiduciary's personal preferences.
Welfare is not a retirement plan.
There is only one 'retirement plan' for terrorists.
God has a plan for your retirement.
My retirement plan was in place but Bernie Maidoff with my money.
Your best retirement plan for retiring happy and prosperous - don't be a burden on others.
Your children are your retirement plan. Because of that, all parents want their children, their only children, to do really well financially, so that they can essentially take care of their parents when they are older.
I am a Georgia guy, and I have Brett Favre's card when he played with the Atlanta Falcons. That's my retirement plan.
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.
When employees are first eligible for a retirement savings plan, they should be enrolled unless they choose to opt out.
The idea of working all your life, saving, and putting money into a retirement account is a very slow plan.