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Retirement Realities
ResumePension plans are going bust, the cost of living keeps rising, and even people with 401(k) plans aren't necessarily doing a good job of managing them. Meanwhile, the Bush administration wants to privatize social security in the name of giving the American people more control over their retirement savings.
Tune in for a reality check on reaching those happy golden years for millions of Americans.
Guests:
Tom Lauricella, reporter for The Wall Street Journal
Alicia Munnell, director of the Center for Retirement Research at Boston College
Michael Kitcis, certified financial planner
Janet Bodnair, executive editor of Kiplingers.
This program aired on December 6, 2004.