his budget chief will balance in 10 years but in washington the democrats and republicans are already crying over the right and plan. here we go again. >> democrats had a big enough problem that this version balances the budget in the next tenures in not raising taxes so it comes from spending cuts, repeal health care, also an taliban reform for the 55 engender that he would create the new medicare system called premium support others call it the voucher system but after push back the ages 55 and younger. officially released tomorrow

the for the first time in four years senate democrats has said negotiating position on wednesday when they unveiled there budget. neil: republicans caused dry and the most grief by not signing on to what he was doing. how much trouble could he have? >> it could be difficult depending on the specifics as long as there is a revenue increase. others want to balance the budget closer in the next 10 years. we already got pushed back for the medicare proposal over 57 years old so he has an easier time than senate democrats who has a tough time with this super liberals on one side to

placate. neil: rich jensen. good night. gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" to shocking admissions from the highest levels of government. we are powerless to do our job, they say. even the government is bigger than eve. also, not so enormously from the after all this are reports joins us. "the willis report" is on the case. all that and more coming a more. first tonight our top story for it too big to fail. how about too big to function.

those of our government can't seem to perform the basic functions correctly. at every pharmaceutical drugs in this country is approved. >> you can't tell us sitting here now. >> i really cannot. gerri: responding to allegations that a massachusetts, pounding center was greedy and sloppy in producing drugs according to one former employee. paul rowland the debts of 28 people in the meningitis outbreak last year. where were regulators jack good question. the fda budget has increased by nearly 22 percentage. it is bigger but not better. now it is not just the fda.

a justice deparent also seems to have its hands tied. attorney-general eric holder is now admitting that big banks and the executives to run them are above the law, basically too big to jail. >> the size of somof the institutions to become so large that it does become difficult for us to prosecute them when we are hit when with indications that if you do prosecute, if you do bring a criminal charge it will have a negative impact on the national economy. a function of the fact that some of these institutions have become too large. gerri: his biggest weapon in dealing with financial sectors is of fine, near slap on the rest. congress needs to do something about it. but didn't they do that already? was a dodd-frank supposed to be

the massive and all deal regulatory law? everyone will tell you, this just ways banks down and does not end the culture that led to hundredsf billions of dollars of bailouts back in 2008. especially since this law is still being written. nearly two-thirds of the deadlines have been best, and 70 percent of these deadlines and even past. 120 more deadlines to come. this law that was supposed to prevent another financial crisis is a crisis in and of itself. the fda still says it cannot contl pharmaceutical manufacturing in this country. the justice department cannot ride on big banks. big government is not doing the job. this is not change we can believe in. joining me now, chairman of the civic forum, jason riley, wall street journal editorial board member. all-star with you.

bigger government. is it more effective? >> it is certainly less efficient. the mere fact we have a loophole that allows the company to push drugs that are going to wind up killing people is absolutely ridiculous. we need some regulation, and this is a great example. that we have the other situation. you cannot prosecute people. dodd-frank will perpetuate. we have to golem was going on. nothing is happening and yet we're spending more money 36 when you look at these examples what do you take away? >> well, i think both of these, making the argument that the government cannot do everything in their government is not the answer. gerri: making your argument for you. >> add or delete, and shorts. particularly in the case of holder. the moral hazard incorporated and dodd-frank has not been

properly taken on the way the bill has been written. not only as the moral hazard issue not taking care of and you are encouraging people to make riskier bets than they otherwise would be making because they think there are implicit government backstops, but financial to source of financial instruments, consumers and banks are paying more money under dodd-frank. gerri: paying more money because these guys got find we are picking up the tab. >> fewer banks are offering free checking. banks are lending less money than they otherwise would because of the penalties and the regulations associated with dodd-frk. in any case, the fda, an example that regulators cannot be everywhere all the time taking care of everything. but the best way to regulate these activities. it looks likthis company was being illegally. gerri: break the law. that is not a case where we need

more rules and regulations. we just need to enfor the rules that are on the books. >> but they came in under a loophole. they flew underneath the radar. we need smarter, smaller, more efficient government. just because it's bigger does not mean anything will happen except we lose more money in tax more people. gerri: i thi it is the unintended consequences that causes many problems. you change the rules and think he will make things better. to you. at the end of the date is the consumer that gets hurt because they end up paying more in fees and fines. now banks in manyays have decided we really don't want to be in the mortgage industry anymore. where does the individual investor turn? this seems that there is an interplay between these companies in the federal government ultimately does not service the consumer. >> i think the banks, some of these banks are too big. i would prefer to bake them -- break them up into bankruptcy. we do need to address this. the banks are too big. they argue that the new scale

because there is global competition. there also argue that they did not cause the financial crisis i don't think the big banks for the cause. the moral hazard problem is there. very real. dodd-frank does not help. gerri: to forces. one is paul ryan and the other patty murray. looking at the budgets that will be coming out. already pretty eloquent about this. he is not whatn the new tax increases or pentagon cuts. he will curb spending by 5 trillion overton years. he wants to raise the annual federal deficit. guess what, democrats are quite different. they see increased taxes on upper-income households and corporations. they're not even addressing a balanced budget. is this a tale of what is wrong in washington? these two visions are so completely different of bread the country should go. >> welcome made shows you how far apart the t parties are.

i salute paul ryan for wanting to balance the budget because most people don't understand that if we don't bring down our debt we are enduring economic growth >> well, shows you how far apart at the same time my derecognized that part of the budget requires it repealing obamacare which will happen. patty murray on the other hand is just trying to get 51 votes because essentially she wants to pass this budget so president obama can turn the spotlight on house republicans and work him over on taxes. gerri: quickly. >> the news every democratic vote. keep an eye on the red state democrats energy rich states divvied up for reelection. so virginia, alaska, missouri. red state democrats. see how they vote. gerri: interesting. thank you for coming on. appreciate your time. coming in tomorrow, will be joined by one of the men leading the fight against the too big to jail banks. republican senator of iowa. you will want to see that. should be interesting to read

more coming up. facing a government that is too big, federal employees are getting some parts of the rest of us don't. ey don't have to pay taxes. more than 312,000 federal employees owe uncle sam around three and a half billion dollars from 2011. he was the biggest culprits? the u.s. postal service despite having 3,000 fewer employees, mo than 22,000 of them of more than $250 million in taxes. others on the list, workers at that the viejo 0140 onion. the navy, 73 million. air force 57 million, other pentagon is zero another 50 million. even the government accountability office which is supposed to make sure workers pay their taxes, they owe nearly 1 million. why haven't they been fired? pentagon is another 50 million. working for a federalaycheck. help pay your taxes. as of now on the irs employees can be fired for not paying

their income taxes. time to expand that. that's what i think. the president is obsessed with taxing, hiking taxes, raising taxes on top earners so they can pay their fair share, the priorities should be getting these tax cheats to pay yep. why should uncle sam come begging for more when he is letting himself be robbed blind by his own employees? we have more to come. including a warning about a slew of hidden fees under bills. hundreds of dollars you don't have to. next, i'll reveal the dirty little secret behind green cars and why they may not be better for the environment. don't go away. dad, i'd put that down. ah.

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shines. leonardo dicaprio, a big proponent. so much so, he was looking for to fly all over the world and prrmoting green technology. no doubt on a private plane. in other words, he wants everybody else to use less carbon based energy resources. when it comes to his own life, he leaves the rules should not apply to him. so itoes. take the arguments for the electric cart, supposed to be better for the environment electric car batteries are better for on-then the environment, contributing less to global warming. perhaps not. consensus center. by that time an electric car rolls of the direction line that has already contributed 30,000 pounds of carbon dioxide emissions because just making the done thing, especially the battery requires a lot of energy. manufacturing in conventional cars creates only 14,000 pounds of carbon dioxide emissions.

so befe you even get on the road the so-called green energy friendly alternative, the electric car has already produced twice the negative environmental impacts regular cars. and it turns out that zero emissions promise from electric car makers is just that, a promise, not much more. when you factor in the huge commissions created in the electric cars manufacturing, the green option is still creating more carbon taxes than a conventional car, even after driving 50,000 miles. and if the owner of a car uses a coal-fired electric plant fire is car then he is producing more carbon dioxide, 15 ounces more per mile. and don't forget, we are subsidizing his purchases. $7,500 tax break for of buyers of the cars. more than five and a half billion llars of federal grants and loans. tesla motors, faster automotive.

the tragedy. right now the electric car is doing virtually nothing to attack global warming. maybe years from now the electric car is the next great automotive idea and it always will be. said green is the only way to go. that's just hypocritical. green technologies, especially the electric car, far from proving themselves. look, if you were to peel back the support for doreen energy and its desire to reduce carbon emissions, what you find is a group of people who have fundamental problems with this country's energy consumption. they don't like the fact that we consume 24 percent of the world's energy. they say it is a tragedy that the average american consumes twice the energy of a person in japan were six times more than the average mexican. they think the u.s. should pare back its size, and floods, and capabilities. here is what i say. america has the world's biggest economy would just 5 percent of the population.

does not somethingo apologize for. it's something to be proud of. it takes energy and lots of it. we are the most productive people on the face of the planet and that's a good thing. coming up later in the show, of morning by one state not to do your taxes with turbo tax. is it too le? bang average of three under and $50 per yearn fs that you don't have to pay. covering your assets with what companies are not telling you. it. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five sonds. three, two, one. standing by for capture.

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gerri: a growing number of companies are seeking hidden charges until monthly bill thinking and not going to

♪ gerri: great charges on your monthly bills. many consumers are seeing red. a growing number of companies are seeking small charges of the customer tab and hope you don't notice. it's big business. $350 per year on average. what you can do to avoidhese charges welcome back to the show. as always, great to have you want. how these companies get away with this? >> most of what they do is perfectly legal. ethically it's another question. what they are counting on is the typical consumer does not read any more. aside we are impatient to do everything else, we don't read. we delicate the fine print. only 10 percent of us scrutinize our monthly statements from o credit cards and all these other bills. one in four of us have actually been victims by these unwanted or deceptive charges.

a lot of these companies, it's not illegal, but they try to slip something through. because of the way things are today they g away with it. gerri: you have to be reading your bill number one. guilty as charged. i don't always do that. listen. you can find some free money for yourself. the stock was some of these great charges. >> they are all, and spirit there is no free lunch. we all know that, but we still get enticed by the so-called freebies. we will start with a free trial. then after that it will be like $5 for 15 days supply. what they don't tellou is if you don't take preemptive steps to cancel, this item will be coming back and a recurring basis. gerri: like what? >> to the many you check your bill you contact the company and tell them i want to cancel this. if you refuse to i will alert my credit card company and put a

freeze on it. that is what you can do. gerri: that's credit vise. i -- magazines, down about consumer reports. let me tell you. d'agata magazines that i believe i have never ordered. >> the announce subscription does not just affect magazines. here is one of the things that we seem to get, and they all kind of fall under the same rubric. you buy something online and all of a sudden you get yourself, we're going to give you a free security software program. it's great. $40 million. but after six months these charges toward building an undercard. the unwanted subscriptions, the same thing. say you go -- you order something. your makeup. very high-end makeup. they throw in some beautiful facial cream. you pay for the makeup. no, wow. they're giving me a gift. unless you read the fine print you don't realize that not only is that facial cream not free,

but it's going to be built over and over again. gerri: let's get through the rest of these quickly. negative option marketing. >> well, negative option market is basically the ability to opt out of something. if you don't like the box that says i don't want this, some unscrupulous companies will actually check before you. if you don't, the onus is on you, the consumer. gerri: so careful on line. unwanted auto rentals. we covered this before, what do you mean? >> that site when you talk about -- it's very, and the gym to magazines. you know, the food of the month club. yabbies predetermined. we will bill you on a quarterly basis, a monthly basis, annual basis. if you forget, but done your calendar you may actually be billed for something on a yearly basis even though you don't want it. all part of the same rubric, and you have to look ahead of time

if you know what day is coming up to circle that on your calendar and get it off because if not you might have to. gerri: i can never remember that some subscriptions. >> this is -- i love that term because it is coming back from the debt. you cancel something. say you no longer want that magazine. you no longer want than that of the month club or whenever it happens to be. you call them up and say, listen, take me off your list. and don't want this anymore. undone. then, up to six months thereafter you can continue to get those recurring charges because i'm sorry, i alerted our direct marketing department. i alerted our billing department. i guess they haven't caught up with it. again, it is a way for them to increase revenue. what is the heart? most people don't contest these things. they just paid. $10 a share, on sunday box there. most of us are too busy. they got you. gerri: this happens with nearly

everything. what are you referring to? >> something the you see a lot with telecom companies your cable. let's take on the cable company. the cable company says, we are going to give you, for example, free cable box, your free digital cable box for six months. then all the sudden after that it goes up to $6.95. when the new year comes up $7.95. if you want to have a dvr, the price goes up a dollar here, doar there. your cell phone company as well. the plan changes. this little nickel-and-diming that goes up, up, up. when i love to do because you do have power with this, st. especially with the telecom companies. so you belong to cablevision and they're raising a price through roof. listen. if you don't give me a deal, i'm going to switch. gerri: negotiations is an important part of being a consumer. that is for sure.

thank you for letting us know about all this. a great story. appreciate your time. appreciate it. >> it's all about leveraged. gerri: i love

♪ gerri: a fox business alert. officials in one state warning taxpayers not to use a turbo tax or any other tax preparing software claiming there are serious issues. the founder and president of diversified financial consultants joins me now with more. welcome back to the show. this is pretty -- i mean, this

is unusual that as they were caught company like this. let me read to you what they had to say. the minnesota department of renue advise you not to use intuition toile your taxes electronically. discover multiple issues. they could jeopardize the accuracy of your return or delay your refund. they go on to say, we ffnd the errors unacceptable. unusual, right? >> unusual this late in the season. a lot of the sulfur becomes available in early january, certainly by the end of the month. to be this late in the season and still have these kinds of glitches in the software is unfortunate. is directly a pretty good software people want to prepare themselves. it is an unfortunate set of circumstances. gerri: here is what they said in response. released fixes today. it is communicating directly with the affected customers to

file returns and is it a mess soda. but it is a little late because now the state is saying we won't process these returns. people could be stuck in the middle. what do you think they should do? >> they talk about it. zero one and 1/4 million tax returns filed using this software. estimating that 10,000 people probably have a problem, probably have errors on their returns. if you already filed your tax return using the software with the state of minnesota, chances are pretty good there is a problem and need to get on the phone with them and see what their resolution is going to be, software, to you will have to go back and amend the tax return and have it calculate correctly. gerri: on to another part of the issue for people will be filing their taxes. all the people are frustrated wi some of the late filings they're getting from their brokerages. what is going on? >> this has been horrible. we talked about this and earlier

shows. starting with january and the addresses of for an inability to procescertain tax returns and one of the really outrageous things we are seeing is very, very large brokerage firms, clearing houses not ly if very late in sending out these, but there actually sending the not corrected after milling about in january. a grt many people file their tax returns. gerri: you have everything you need. you might not. >> your account thinks everything in need. you payton. you file the early. you can get a refund. just at the time you're waiting for the refund the gunman, you get another ten and nine corrected. gerri: and have to pay the accountant again. >> you pay the cp air account. you go back. by the way, i just got anotherer tonight. no offense. i have to go back and violets and 40 on federal.

i have to redo that. going to charge you again. it's annoying. gerri: one quick question. where are you coming from? that literally pretty. >> i'm working hard, as always. this time it is in the beautiful said a florida. no state income tax return. if you live down here you don't have to worry about it. gerri: it looks gorgeous. thank you for coming on. appreciate it. >> you have a great day. gerri: i know you well. all right. meanwhile, looking number seven, the seventh consecutive day leading the dow to reach another closing high setting a record every day since tuesday. here to weigh in, president and ceo of a planned financial services. financial adviser and author of you can never be too rich or 210 or two blonde. that's not the name of it. >> i like that. gerri: personal finance expert. welcome. i will start with this market back. to you first.

keep going up. what do you think we are in for as an individual investor? >> a tremendous amount of money. people love to go in the bonds, another going in the stocks. as usual in their late to the party. almost exactly four years from march 9th. gerri: the start of something bad. we just don't know. gerri: i have to bring this up with you because of stow's me crazy. i still get so many miles from people who are saying had untruss the stock market. unwonted in the stock market. are you talking about the stock market. do you think people will ever get over what happened in 2008, 2009? a lot of people still sitting on the sidelines even after this big run-up. the fact of the matter is that most people should not be trying to time the market. the market got killed. supply right now.

you really should have someort of semblance of a plan so that you're not trying to second-guess should i get in now are out. gerri: always better to plan ahead. to you. as you look at this, what are your clients saying? well, i wish i had gotten in or are they already in? what is their view of the market right now. >> right now they're asking what i should be worried about. comparatively speaking the equity markets in general are a safer place to be then fixed income, especially as you relate to the traditional safe-haven treasury's. a little more interest-rate movement. even on at 10-year treasury bond a 1% move could spell a 10% decrease in the value of your portfolio. gerri: something people get that. >> they don't. people pour money into long-term bonds. 400 billion. they don't realize that all the risk. it looked at the returns. the 30-year bull market.

bond but. gerri: let's explain. i not think people realize with the caribbean for. >> would you have it in now, long-term treasuries about 2%. say rates went up to 3%. does not sound like much. that would easily wipe out all your capital gains and whenever small income you're getting. back in 1994 you mayemember there was a big surge. people lost 24%. gerri: that's scary. >> i have something to say about that. >> go ahead. >> this is alan. unemployment at over seven and a half%. the factor in the blessed up looking for work it's a lot higher. makes it very clear they're not going to stop buying bonds until the onion plan rate is at six and and a half. factor that and along with a sequester and a loss of jobs. i sti think it's a long way.

gerri: do you agree? >> trying to hold interest rates lobes. for the foreseeable future that is going to about status same. >> controlling short-term but not long term. again, that is what we're talking about. the long term rates, january january 1st, about 13, something like that. that has already gone up. yes. gerri: i have been hearing this for the last couple of years. >> nothing to reduce down the rest. gerri: were talking about treasury's. what about munis. >> the same sport of thing. a lot of risk. more devolve risk. at least delinquency. we have had some defaults. harrisburg, california. more default risk on at least the federal level. we have the national debt ceiling. it just keep raising the money.

gerri: one other topic. it's a story that i have been just so excited about. john paulson, remember him, the hedge fund manager that may sum much money betting against us, our mortgages. he has billions of dollars. he is moving to prick rico because they have this new role for new residents, you don't have to pay capital gains taxes, u.s. taxes, any taxes from pr. tubes. are your clients saying, hey, get me out of this tax situation? >> is very interesting to sit there and think you can pick up and leave the united states. the big issue is are you ready to revoke your citizenship and all the benefits that go with that? when you look at the super rich they have that ability. if they are planning to sit theee and run off into the sunset, that's a viable option. for people making 400,000 to a million, which are considered wealthy individuals, that type of planning is not point to be

realistic. >> if you're in part rick you keep your citizenship. the taxes you avoid. gerri: the best of both worlds. zero taxes on capital gains. 4 percent tax on business income. all the money coming made 15 billion money bet against the sub prime. gerri: nine and half billion right now. >> a $5 million home. it's just outrageous. the most hocritical of all. he was saying, we rich people pay our taxes. you should support us. don't give us a hard time. gerri: last word. >> i have an easy solution. instead of moving to burger rico , somebody one step save money in texas, moved to florida gerri: there we go. as the right answer. i'm ready to go. it was mighty pretty, and it looks warm. all right. thanks for coming out tonight. one now we wanna know what you think.

would you move t prick up to avoid taxes? i can tell you, you cannot give me at of this country. i am not leaving america as we know it. log on to gerriwillis.com in tolerance instead of the screen announcing the results of the and the show. and we come back, what you thought you knew about retirement may all be alive. explain. the most powerful ceos, i is paid to even the worst performing. a whole different measurement. ♪ the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her likes 50% more cash, but i have an idea. do you want a princess dress? yes. cupcakes? yes. do you want an etch-a-sketch? yes! do you want 50% more cash? no. you got talent. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash.

what's in your wallet? i usually say that.

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global action. labelling catastrophic. with more on this, dr. mark siegel. so catastrophic. do i have to be worried when i walk around new york city when i'm calling to get a super bug? >> not yet. not you. but is not sometng to wipe away. this is very resistant. recall in cre. it actually has a lot of things going for it that worry me. passes resistance on the other bacteria, and a curious warm and millions of colonies, like looking for the combination to the vault. gerri: your keeping me out. >> the ones that are the most resistant to the ones that survive. the reason i mention this, 5% of australs have what some of it. hostels had better get to it. they better start disinfecting more. they have to start i slitting people more. they have to stop over treating with antibiotics. this is a businessoncern.

drug companies are not making new antibiotics. gerri: i was going t ask about this. here i am coughing because i'm so nervous. you know, medical america is a marvel. it seems to me that we have so much research going on in this country. >> let's startistorically. resistant to an antibiotic that was the super antibiotic the key man in the 1980's. we love it in the hospital because it's great, works terrifically. but that's a long time ago. drug companies figured out that they don't make a profit on antibiotics because we don't use them enough. that use them every day. something that people use every day. we don't use antibiotics every day. the one making a profit, they start making new ones. we are over treating with antibiotics we do have demand we are not planning things enough. so along come the super bugs. gerri: i here there is a super

bug type of tuberculosis. that's scary. >> that's the same problem. if we don't treat sufficiently we end up with resistance. there isot a lot in the united states, but that is becoming a worldwide problem. the concern with this, by the way, the same thing we have with mri say, the one that everyone talks about. will it escape the hospital and in the in the gym and be something we see in the community? righnow we can contain it and we better. gerri: you say they're not coming of the solutions. they discontinued production of of the solution that you like some months. but why aren't they getting on in now? this seems like it's a love for a lot of money. >> to produce the antibiotic of love, but it is not generic. what i want is for them to recognize, said they're listening to this segment and there is money to be made because there are some many resistant bugs out there. we have to get treatment. gerri: are you confident we could find solutions. >> the first one i already said. isolate people who are sick, stop spreading, wash our hands,

disinfect. i am absolutely positive we could develop antibiotics as well. gerri: we should start now or yesterday or last week. >> i billion dollars to develop a new drug. interesting segment and something to worry about all the time. gerri: in other news, for good the gap between men and women. new study shows their is a pay gap just among men. good looking male workers turned around 22% more than their less than stellar looking colleagues. i don't know if it because of the female bosses are wet. you in the boardroom is benefiting? tonight's top five, the sexiest male ceos. number five, the head of zambos, the 38 year-old not only runs them regular to the mega popular on-line cheese store but investors and money into revitalizing his own town. member for don ceo of society general.

started-a bold bid. also made the * most influential people less last year. number two, 35 year-old jack dorsey, founder of twitter and square. immobile payment company. and the number one sexiest ceo, check him out. the 32 year-old founded a website getting petitions for social change. despite his success he still lives with his roommate and lives with his roommate and drives a 1996 toyota camry. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture.

the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. gerri: this year of living your nest egg could become reality. why a hallmark ret

the. ♪ gerri: to you worry about outliving your nest egg? our next guest says that tried and true metric from managing withdrawals is the 4 pcent rule and could leave many high and dry in their golden years. morning star had a retirement research joins me now with his new report. before you get to it, i just want to set up the issue. so the rule of thumb is that you can only take 04 percent each and every year when you go into retirement. you say that rule is backfiring on retirees. you have been questioned by a lot of smart people. you want to state your case, and i want you to do that today. why is it backfiring? >> it was built on this notion of long-term averages. so research going back looking at a safe withdrawal rate. and the problem is that you

cannot buy the long-term average . gerri: why not? >> well, you can over 30 years. the problem is when y first retired that is kind of the most important for your long-term success. today if you buy a government bond yielding 2% that is a lot lower the long-term average of five and a half. the impact that has a ridge of your 30 years is material for retiree right now. gerri: that's a great way to put it. you are saying that, short, averages makes sense, but at the end of the day what really matters is what you're doing with that nest egg at the moment you retire. so many people found this out in the last few years when the market tanked. i think people know that that experience is real. what are you telling him out? what should you do? what is the right rate of withdrawal? >> it's different for each

person. the notion of 4 percent is based upon a married couple. i think for that same cohort 3% makes more sense. if you are 75 years old and single you can take up more. you can take of five or 6 percent. each person will be a unique number based upon a whole set of factors. gerri: so one size does not fit all. >> that's right. gerri: all right. we are out of time. i apologize. i hope you will come back soon and talk to us about retirement. we would love to have you back. thank you so much. >> thanks for having me. gerri: will be right back with my "2 cents more" and the answer to our question of the day. would you move to a pr to avoid dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined.

it's better. yes. oh, why didn't you just say that? huh-- what is he doing?