12 Quotes by Alicia Munnell

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

They will no longer be able to rely on a rapidly growing group of younger workers in the future. Increased employment of older workers seems like a natural solution, but employers will have to change their hiring and retention policies if they want to attract these highly productive older individuals.

The implication is really clear. People need to have more saved than they did in the past.