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【TOP 17】Jack VanDerhei Quotes - WhatsApp Status | Page-1

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To expect the probability of having a defined benefit plan to double, given the pension freezes Ã¢â¬â that's what [blows] me away. - Jack VanDerhei Quotes

To expect the probability of having a defined benefit plan to double, given the pension freezes Ã¢â¬â that's what [blows] me away.

To expect the probability of having a defined benefit plan to double, given the pension freezes Ã¢â¬â that's what [blows] me away. - Jack VanDerhei Quotes

To expect the probability of having a defined benefit plan to double, given the pension freezes Ã¢â¬â that's what [blows] me away.

It's kind of like watching a glacier move. - Jack VanDerhei Quotes

It's kind of like watching a glacier move.

I'm sure anyone who's read the paper lately would know that the likelihood [of receiving a traditional pension] is going down very rapidly. - Jack VanDerhei Quotes

I'm sure anyone who's read the paper lately would know that the likelihood [of receiving a traditional pension] is going down very rapidly.

I would say that a huge percentage of them who don't already have automatic enrollment would adopt it overnight. - Jack VanDerhei Quotes

I would say that a huge percentage of them who don't already have automatic enrollment would adopt it overnight.

The major problem you're going to have is that you're not going to have anything current enough to do anything about. You really are in a no-win situation. - Jack VanDerhei Quotes

The major problem you're going to have is that you're not going to have anything current enough to do anything about. You really are in a no-win situation.

Go straight to the Schedule B. - Jack VanDerhei Quotes

Go straight to the Schedule B.

The system is set up ... not to help the consumers. It's there to help the regulators. - Jack VanDerhei Quotes

The system is set up ... not to help the consumers. It's there to help the regulators.

It's clear that people currently working should factor into their retirement planning the long-term trend away from traditional defined benefit pensions. That means people need to be saving more than they are. - Jack VanDerhei Quotes

It's clear that people currently working should factor into their retirement planning the long-term trend away from traditional defined benefit pensions. That means people need to be saving more than they are.

The trend from defined-benefit to defined-contribution plans has not come because employees have wanted to take on that risk. It's because employers have wanted to get rid of that risk. - Jack VanDerhei Quotes

The trend from defined-benefit to defined-contribution plans has not come because employees have wanted to take on that risk. It's because employers have wanted to get rid of that risk.

People typically take a cue from their parents' generation ? which had pension plans and retiree health programs. And they know they're making more money than their parents did. - Jack VanDerhei Quotes

People typically take a cue from their parents' generation ? which had pension plans and retiree health programs. And they know they're making more money than their parents did.

Overconfidence is the word that comes to mind. - Jack VanDerhei Quotes

Overconfidence is the word that comes to mind.

Mind

A lot of today's workers look at today's retirees and say, 'They seem to be in good shape, and I'm making more than Mom and Dad were making, so I should be in good shape, too,'? What they're totally failing to realize is that the generation of people retired today by and large had benefit plans and retiree health plans that are being increasingly cut back today. - Jack VanDerhei Quotes

A lot of today's workers look at today's retirees and say, 'They seem to be in good shape, and I'm making more than Mom and Dad were making, so I should be in good shape, too,'? What they're totally failing to realize is that the generation of people retired today by and large had benefit plans and retiree health plans that are being increasingly cut back today.

Those people frozen into inactivity ... they just need someone to get them started. If you haven't started and won't start because you don't have the financial acumen to do so, pay somebody a couple of hundred bucks to get you on track. - Jack VanDerhei Quotes

Those people frozen into inactivity ... they just need someone to get them started. If you haven't started and won't start because you don't have the financial acumen to do so, pay somebody a couple of hundred bucks to get you on track.

It's going to be a good 10 to 15 years into the Baby Boom generation of retirement that it's finally going to hit people that this is no longer a sure thing and they'll have to start planning. Hopefully they'll figure that out when there's still time to do something. - Jack VanDerhei Quotes

It's going to be a good 10 to 15 years into the Baby Boom generation of retirement that it's finally going to hit people that this is no longer a sure thing and they'll have to start planning. Hopefully they'll figure that out when there's still time to do something.

Since there is no requirement that they offer [a pension] in the first place, there's no requirement that they keep doing it. - Jack VanDerhei Quotes

Since there is no requirement that they offer [a pension] in the first place, there's no requirement that they keep doing it.

To expect the probability of having a defined benefit plan to double, given the pension freezes that's what [blows] me away. - Jack VanDerhei Quotes

To expect the probability of having a defined benefit plan to double, given the pension freezes that's what [blows] me away.

Page 1 of 1, Showing 17 of 17 Records

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