A Quote by Paul Ryan
We're just not ready for the retirement of the Baby Boomers. And we'd better prepare for that.
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I am very concerned about the millions of baby boomers who are counting on the stock market to deliver them a safe, sound, long retirement. I am afraid the baby boomers who are counting on the stock market are in trouble.
As the baby boomers like me are retiring and getting ready to retire, they will spend whatever it takes - and they're the wealthiest generation in our country - to make themselves live an enjoyable life in their retirement years.
As the baby boomers like me are retiring and getting ready to retire, they will spend whatever it takes - and theyre the wealthiest generation in our country - to make themselves live an enjoyable life in their retirement years.
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.
Either the Baby Boomers are not going to have the retirement life that they expect or taxpayers are going to be hit with a tremendously huge bill. Or both.
Our country also hungers for leadership to ensure the long-term survival of our Social Security system. With 70 million baby boomers in this country on the verge of retirement, we need to take action to shore up the system.
Baby boomers helped me a great deal in my career. They launched me. They were there for me to sing my song to. And I'm not saying I'm better than anyone, but I think they turned that anti-authority baby boom mentality into their own enemy. Now I identify very closely with their children.
A lot of baby boomers are baby bongers.
Marketers are making retirement respectable. Instead of being the beginning of the end, it sounds like Nirvana-do what you want without any responsibilities. The boomers think that they're 16. Marketers try to keep the charade going. Retirement will look so good, others are going to be jealous.
In the year 2000, the very youngest members of the Baby Boomer crew were in their mid-30s while the oldest Boomers were mid-50s. That year, the Boomers were a generation divided somewhat equally between the GOP and Democrats.
I got to prepare more for the games. I got to be ready for better players and starting lineups, just get a bit more focused, more prepared and got to be in better shape.
And you know, the baby boomers are getting older, and those off the rack clothes are just not fitting right any longer, and so, tailor-made suits are coming back into fashion.
The baby boomers have dropped the ball on their burden of responsibility.
One baby is a patient baby, and waits indefinitely until its mother is ready to feed it. The other baby is an impatient baby and cries lustily, screams and kicks and makes everybody unpleasant until it is fed. Well, we know perfectly well which baby is attended to first. That is the whole history of politics.
Now, do I think the baby boomers tend to be self-absorbed? I do.
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.
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