Retirement is big business in America, but is the system costing workers and retirees more than what they’re getting in return, asks FRONTLINE correspondent Martin Smith. I thought the program was so good, I wanted to be able to access it from my site for future use.
Watch The Retirement Gamble on PBS. See more from FRONTLINE.
John Bogle: The “Train Wreck” Awaiting American RetirementApril 23, 2013, 9:34 pm ETA toxic mix of too much choice, backwards incentives, and a misplaced faith in the market’s past performance has positioned America’s retirement system for an uncertain future, says the founder of The Vanguard Group.
Helaine Olen: Why Your 401(k) Retirement Plan is Failing You
April 23, 2013, 9:33 pm ETMost financial planners would say you need about $1 million to ensure a decent retirement, but “absolutely almost no one is there right now,” says journalist Helaine Olen.
Michael Falcon: Retirement Crisis? Not Exactly.
April 23, 2013, 9:33 pm ETWhile the nation’s retirement system may have its flaws, it is far from in crisis, according to the head of retirement at JPMorgan Asset Management.
Teresa Ghilarducci: Why the 401(k) is a “Failed Experiment”
April 23, 2013, 9:32 pm ETThe 401(k) was never designed with the middle class in mind, and may now be leaving a generation of Baby Boomers without enough to avoid poverty, says the New School economist.
See also Weekend Reads for Financial Advisors: Behavioral Finance, Retirement, and Bogle on Fees from Stephen Horan, CFA at the CFA Institute.
Comments are closed.