Kent Conrad and James Lockhart outline a bipartisan proposal that allows Americans the opportunity to easily save for retirement straight from their paychecks.
Kent Conrad and James Lockhart discuss a bipartisan proposal that would help boost retirement savings, including Social Security.
Conrad and Lockhart joined SiriusXM’s P.O.T.U.S. channel to discuss the challenges facing Social Security and outline key reform proposals included in a new BPC report.
A Gallup poll earlier this year found that 64 percent of Americans are either very worried or moderately worried about not having enough money for retirement.
Taken together, BPC’s recommendations would increase retirement savings by 50 percent for middle-class Americans and reduce old-age poverty by one-third.
Saving for retirement to ensure financial security in later years is a goal shared by all Americans that unfortunately is not always within easy reach.
Jason Furman, chairman of the Council of Economic Advisers, and Senator Orrin Hatch headlined a forum on the state of retirement security in America.