WEBVTT

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You know, we export lots of problems.

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I guess you could say that, I don't know.

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I don't think so.

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I think that that, you know, I say that
retirement is the most important purchase

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that most people will ever make, right?

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It's going to cost millions of dollars.

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And so I think that when people
ask themselves, like, how much do I need?

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That is a a personal question, right?

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I think everyone wants, a portfolio,
a strategy, a plan that applies to them.

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So I think that the movement towards
defined contribution,

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it's a global phenomenon.

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And as I mentioned, I think that that's
probably the right place for most people.

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I think that defined benefit plans,

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aren't necessarily the best way
to solve retirement for most people.

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But I think that we do need to address
some of the problems

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that emerge as we create this pot of money
that folks, to start spending.