[Congressional Record Volume 164, Number 59 (Thursday, April 12, 2018)]
[House]
[Page H3196]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   NATIONAL RETIREMENT PLANNING WEEK

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute.)
  Ms. KAPTUR. Mr. Speaker, I rise today in recognition of nearly 50 
million baby boomers ready for retirement.
  This week is National Retirement Planning Week. Let me emphasize two 
earned benefits that have done more to grant security and peace in 
retirement than any other: Medicare and Social Security. If future 
generations are to reap their retirement security, our generation must 
ensure their solvency. And if we only talk retirement with seniors, we 
fall seriously short.
  Although nearly half of all baby boomers say they have $100,000 or 
less saved, and their Social Security is critical to their survival, 
half of Generation Xers have less than $10,000 saved. Given the 
financial pressures on millennials, they could end up in precarious 
situations.
  Congress must show real leadership on this issue; and the somber 
reality is more Americans than ever are shouldering the burden of 
financing retirement alone. As a society, Congress also must prioritize 
financial literacy and education, beginning with young students in 
schools. We must equip everyone to start small nest eggs that can grow 
over the decades into what I call Social Security Plus.
  Thank you to the National Retirement Planning Coalition, whose 
fantastic online resources are available to Americans free of charge. 
That is the National Retirement Planning Coalition, free of charge, to 
all Americans. Let's get to work for security for our retirees, not 
just this generation, but those to come.

                          ____________________