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

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    Apr 21 2012: Education is primarily important. People should try to learn the basics of financial management so that others wont be able to dominate their thought process while selecting an investment plan.

    Keep a certain portion of your money invested in government securities that will ensure that it does not bite the dust (even in times of recession.)

    Cut out on the unnecessary expenses (it varies from person to person) and invest those savings wisely.

    Try to go for multiple sources of income by utilising your free time in developing your creative instincts and being updated with the developments in the economy. This is will yield results in the long run

    Invest in the stock market in long term securities. They are generally low priced in the beginning. Go for short term stocks as well but make sure you quit after a desirable return on investment. With proper planning your investment will definitely multiple in the long run.
    • Apr 28 2012: Exactly, it seems like you got a pretty good ideas for the current dilemmia, but you know, "easy said than done", a smarter investor would definitely have a reasonable investment portfolio, there are several problems here, first you need a big fortune which is the basis before you do a package inves,right? and you know stock market is always a competitive environment involving all kinds of people ,of course, has winners and losers ,it could not make sense everyone wins all the time, or the whole economy would blow up .

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