TED Conversations

Closing Statement from Christine C. Marcks, Prudential Retirement

Thank you all for a dynamic conversation over the past three weeks around how we -- as individuals, as financial services providers and as a society -- can help address the challenge of retirement as people live longer. TED Conversations is a new forum for us, and we found your comments and this experience very insightful.

I believe there are concrete steps people can take to better prepare for their retirement. For starters, workers can improve their savings and investing behavior. Secondly, participants in workplace plans such as 401(k)'s should try to include some sort of guaranteed income component in their retirement planning.

We will also continue this conversation in other forums, and will add to the national debate through white papers on our company's Research & Perspectives site, http://research.prudential.com/view/page/rp .


Christine C. Marcks
Prudential Retirement

Showing single comment thread. View the full conversation.

  • thumb
    Apr 20 2012: The secret of surviving in hostile environments is not primarily about planning. (There's a famous quote, paraphrased from Helmuth von Moltke's "On Stategy": "No battle plan ever survives contact with the enemy!"). Surviving is much more in line with Charles Darwin's statement that "“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” The toolkit is one's mind! Imagination, flexibility, self-discipline, keeping one's head when others panic, and so on.... A successful retirement (as any other project) has little to do with what one HAS, and is all about what one IS.

Showing single comment thread. View the full conversation.