“Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.” UsedPowerfulMinutesSafeProgramAccountsSecureSavingMost PowerfulRetirementSeniorSavingsBankruptcySavings Accounts Author:Bill Frist
“Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.” GrowthAccountsSavingRetirementSavingsMarketplaceHarnessSavings Accounts Author:Bill Frist
“Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.” LongGoalTermAccountsInvestmentFinancialSavingLong TermBuyingFundTargetRetirementCashEmergenciesInflationShort TermFundingSavingsCdsDepositsPurchasingPurchasing PowerSavings AccountsBuying Stocks Author:Suze Orman
“For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.” NeedsYearsLongPlayTermRiskOffersTenShotsGainsAccountsInvestmentLong TermRetirementPacksInflationBest Shot Author:Suze Orman
“If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.” IfsThinkingNeedsJobsPayCarMonthsLosingSickAccountsEightCreditDebtAccidentsSavedCardsFundRetirementMinimumProbabilityEmergenciesCredit CardCar AccidentCredit Card Debt Author:Suze Orman
“The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.” IfsWellsLife IsChanceTruth IsAccountsIncomeSavingRetirementRetiringLiving OnBank AccountsFull Life Author:Sallie Krawcheck
“In order to fix Social Security, we must restructure it so that we continue to provide for our Nation's seniors that are approaching retirement age, but allow for younger taxpayers to invest a portion of their Social Security taxes in private accounts.” AgeOrderNationsSocialSecurityTaxesAccountsBirthdayRetirementPortionsSeniorSocial SecurityTaxpayers30th BirthdayRetirement AgeRestructure Author:Herman Cain
“Lukewarm people do not live by faith; their lives are structured so they never have to. They don't have to trust God if something unexpected happens- they have their savings account. They don't need God to help them- they have their retirement plan in place. They don't genuinely seek out what life God would have them live- they have life figured and mapped out. They don't depend on God on a daily basis- their refrigerators are full and, for the most part, they are in good health. The truth is, their lives wouldn't look much different if they suddenly stopped believing in God.” PeopleIfsNeedsBelieveLooksDifferentHelpingHappensPlansDependsTruth IsAccountsBasesSavingUnexpectedLive ByRetirementBelieve In GodTrust In GodSavingsGood HealthRefrigeratorsLukewarmNeed GodSavings AccountsSomething Unexpected Book:The Francis Chan Collection: Crazy Love, Forgotten God, Erasing Hell, and Multiply Source: The Francis Chan Collection: Crazy Love, Forgotten God, Erasing Hell, and Multiply