What Americans for Secure Retirement Coalition Members Are Saying:

“Retirement security has long been a concern for working women, because women earn less and therefore have less money to save,” said Business and Professional Women/USA CEO Deborah L. Frett. “Additionally, they live longer, are often head of household and as primary caregivers, spend less time in the workforce to accumulate Social Security benefits and participate in an employer-based retirement plan. This study by Americans for Secure Retirement (ASR) reinforces what we already know - we need to act now to ensure a financially secure future for everyone.” -Deborah L. Frett, Business and Professional Women/USA CEO

"The solutions generated by this study provide hope for the millions of small business owners in this country. By converting their assets into a guaranteed source of income like an annuity, entrepreneurs can feel more secure that they will not outlive their finances and be able to live out their golden years to the fullest." - Karen Kerrigan, President of Small Business Entrepreneurship Council and Founder of Women Entrepreneurs

“American homeowners take important steps everyday to increase their financial literacy and this revealing report highlights their need to go one step further to prepare for their retirement.  It is not just about saving your money anymore, but ensuring that you will have a steady stream of income throughout your golden years.” -Bruce N. Hahn, President of The American Homeowners Grassroots Alliance

"There is a serious disconnect between the dreams and expectations of the citizens of our Nation for a secure retirement and the reality of our current preparedness.  We need to take charge of our future by being proactive today.  This report is probably one of the most important documents produced so far this century and it should serve as the blueprint for the formulation of public policy to address this looming crisis." -Ricardo Aponte Parsi, Esq., President, Interamerican Businessmen's Association

“The findings of this study illustrate the benefits of guaranteed income in retirement. Many small business owners have reinvested earnings and savings over their lifetime into growing their businesses.  Legislation like the Retirement Security for Life Act would help them secure a reliable retirement.” -Barbara Kasoff, President, Women Impacting Public Policy (WIPP)

“The Hispanic Alliance for Prosperity Institute finds the outcome of the recent Ernst & Young study The Retirement Vulnerability of New Retirees especially alarming.  Hispanic workers in America face a greater risk to their retirement security than workers overall and are anxious about being able to maintain a decent standard of living throughout retirement.  Hispanic Americans need financial education and access to retirement options that go beyond social security.  We strongly encourage Congress to embrace relevant financial education programs and promote retirement policies which will provide proper retirement planning options for Hispanics in America.” -Jose Nino, HAP Institute Co-Chairman

"As the American and global economies have changed, Americans have drastically changed how they live. Unfortunately, the retirement systems, especially Social Security, have failed to adapt to the changing needs of American retirees. It has become necessary for retirees to find new sources of guaranteed retirement income. The Retirement Security for Life Act will allow Americans to better plan and provide for their future and is an essential tool for future generations." -Gus K. West, Chairman of the Hispanic Institute