A Quote by Michelle Singletary

You still need to save but being debt-free in retirement is and should be a goal.

Michelle Singletary

Quote Topics

Being Debt Free Goal Need Retirement Save Should Still

Quote Author

Michelle Singletary
American - Columnist

We need to have a goal of becoming debt-free as soon as possible.

Bo Sanchez

Whether we are working to pay off student loans, credit card debt, paying for elder or childcare, or even trying to save for retirement, the idea of the American dream still remains just that - a dream.

Adrienne C. Moore

We still think of air as free. But clean air is not free, and neither is clean water. The price tag on pollution control is high. Through our years of past carelessness we incurred a debt to nature, and now that debt is being called.

Richard M. Nixon

There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.

Jean Chatzky

To build a truly diverse economy with a pipeline of skilled labor, technical college in Georgia should be free, and students should be able to graduate debt-free from the public institution of their choice.

Stacey Abrams

Money you won't need to use for at least seven years is money for investing. The goal here is to have your account grow over time to help you finance a distant goal, such as building a retirement fund. Since your goal is in the future, money for investing belongs in stocks.

Suze Orman

I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.

Donald Trump

Every American worker should be able to save for retirement via payroll deductions.

Richard Thaler

The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.

Dan Ariely

People are working hard, they're doing everything we ask of them, and they are still struggling. It's not enough to just have a job. We need to make sure that these are good-paying jobs that pay the rent and put food on the table. Jobs that have benefits like health care and that allow people to save for retirement.

Chris Murphy

I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.

Barbara Boxer

Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.

Suze Orman

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

William Vickrey

Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control.

Richard Thaler

Absolutely invest in retirement. You can always get a loan to get kids through school. I do not know of any loans to get you through retirement. The markets are seriously low from where they were (even though they've gone up 30 percent recently). Now is the time to be dollar cost averaging; the more money you put in, the more shares you buy. Save for your retirement, people.

Suze Orman

I support voluntary personal retirement accounts for Social Security. It should be people's free choice.