Retirement in CrisisPlay
Stocks have crashed. So have home values. Guaranteed pensions are, for most, long gone. 401Ks, a shadow of what they were.
Just as the boomer tsunami hits, the new face of retirement looks a lot like work — if you can find it. And, maybe, living with the kids.
This hour, On Point: After the crash, a sobering new view of American retirement.Guests:
Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research and author of "When I'm Sixty-four: The Plot Against Pensions and the Plan to Save Them." (Read the book's introduction.)
Glenn Ruffenach, editor of "Encore," The Wall Street Journal's retirement section, and co-author of its "Complete Retirement Guidebook: How to Plan It, Live It and Enjoy It."
This program aired on November 17, 2008.