Alicia Munnell Quotations

The aging of the population may put employers in a tight situation.

Everybody is having a terrible time. Nobody is enjoying much in terms of growth in net worth. No one has enough to support themselves in retirement for 20 years.

Most people are going to arrive at retirement and not have adequate money. This is serious. None of us are good at doing our own retirement savings.

With public employees, the day of reckoning is more in the distance.

People will be scrambling at a time when they should be secure.

It's an entirely new phenomenon for healthy companies to freeze their pensions.

It looks like we're doing as well as we've always done. But in fact, the world has changed. And it's for four big, real obvious reasons.

I worry about the Fed using up its ammunition.

We're on a downward trajectory here. The traditional pension is not coming back.

God knows what people will do if they're handed $60,000 at retirement.