People have to balance their consumption with their formation of their nest egg. They have to not sacrifice tomorrow for being able to spend all they possibly can today.

Some people think that we're kind of headed toward a train wreck when it comes to baby boomers' saving. They're saving, but not enough. Their money could retire before they're done retiring, which could cause a strain on our national fabric.

It's a lot of money (when) you add it on to what (he's) already trying to achieve. (People) need to focus on income replacement.

Everyone recognizes that investors need to know certain key facts and concepts, but it is important that they learn the behavioral process of investing -- such as checking the background of a stockbroker or investment adviser -- that may prove to be just as critical to their success in the long run.

We all recognize that investors need to know certain key facts and concepts. But it may be even more important to their long-term financial security that investors learn the behavioral process of investing.

If you're doing retirement planning you realize it's a long-term venture. If you have some extra money, now is the time to buy something for 20 years form now.