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. Jack VanDerhei
 Retirement

More - 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. - 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.

Jack VanDerhei

 Benefit
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.

Jack VanDerhei

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

It's kind of like watching a glacier move.

Jack VanDerhei

 
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.

Jack VanDerhei

 
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.

Jack VanDerhei

 
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.

Jack VanDerhei

 
Go straight to the Schedule B. - Jack VanDerhei Quotes

Go straight to the Schedule B.

Jack VanDerhei

 
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.

Jack VanDerhei

 
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.

Jack VanDerhei

 People
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.

Jack VanDerhei

 
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