A Quote by Scott Cook

A whole generation of Americans will retire in poverty instead of prosperity, because they simply are not preparing for retirement now. — © Scott Cook
A whole generation of Americans will retire in poverty instead of prosperity, because they simply are not preparing for retirement now.
Once I started to retire, I was telling all of the girls in my generation, 'Wow I feel like an outsider in this locker room because this whole new generation of women has stepped in,' and that was one of the signs where I said maybe it's time to retire.
Social Security not only helps Americans enjoy a secure retirement, it has also kept millions of Americans out of poverty.
Even in the era of the first black president, racism is still the most intractable issue in USA. Regarding poverty, half of all Americans are either in or near poverty. Poverty is certainly worse for African-Americans now than it was during King's lifetime.
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.
The word 'retirement' doesn't really sit well with me. There comes a time when you reach a position in society or culture where people will not let you retire. You can say, 'Alright, I'm going to hang up my guitar,' but people will still not let you retire.
...If peace were the goal of today's intellectuals, a failure of that magnitude -- and the evidence of unspeakable suffering on so large a scale -- would make them pause and check their statist premises. Instead, blind to everything but their hatred for capitalism, they are now asserting that 'poverty breeds wars' ... But the question is: What breeds poverty? If you look a the world of today and if you look back at history, you will see the answer: the degree of a country's freedom is the degree of its prosperity.
It's God's will for you to live in prosperity instead of poverty. It's God's will for you to pay your bills and not be in debt.
Workers on the edge of poverty are essential to America’s prosperity, but their well-being is not treated as an integral part of the whole. Instead, the forgotten wage a daily struggle to keep themselves from falling over the cliff. It is time to be ashamed.
I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.
We think of poverty as a condition simply meaning a lack of funds, no money, but when one sees fifth, sixth, and seventh generation poor, it is clear that poverty is as complicated as high finance.
Taking bold climate action now has the potential to unleash the full power of business and at the same time lift millions of people out of poverty. We're the first generation to recognize this and the last generation that will have this opportunity.
Social Security is the only thing most Americans can count on to keep them out of poverty during retirement.
What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.
Americans should be able to enjoy a secure retirement after a lifetime of hard work. But too many Americans reach retirement without enough savings to supplement their Social Security benefits.
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