Rep. Roe Recognizes National Retirement Planning Week

WASHINGTON, April 8 -- Rep. David P. Roe, R-Tenn., issued the following speech, which was published in the Congressional Record on April 6, recognizing National Retirement Planning Week:

Mr. Speaker, I rise today to recognize April 3-7 as National Retirement Planning Week.

Saving for retirement is one of the most important steps that Americans can take to build a better future for themselves and their families. Unfortunately, all too often, saving for retirement remains a distant goal that is put off in exchange for more immediate needs.

The Government Accountability Office reports that 29 percent of Americans aged 55 and older have no retirement savings, and no traditional pension. With this in mind, it must be a national priority for us to communicate the importance of retirement planning.

By encouraging more Americans to adequately prepare for their retirement years, we can significantly enhance retirement security in the United States.

Recognizing this week as National Retirement Planning Week is an important step to help raise awareness of this need, and I commend the members of the National Retirement Planning Coalition for their efforts to educate Americans about the importance of retirement planning. I wish them all the best as they continue this valued campaign.