Visit Your Local PBS Station PBS Home PBS Home Programs A-Z TV Schedules Watch Video Donate Shop PBS Search PBS
SEARCH  
THOUGHT PROVOKING JOURNALISM
ON AIR AND ONLINE

Can You Afford to Retire?

Can You Afford to Retire?
May. 16, 2006
60 minutes

The baby boomer generation is headed for a shock as it hits retirement: boomers will be long on life expectancy but short on income. In addition to Social Security, the pillars of retirement income for Americans have been either lifetime corporate pensions or employee-contribution plans such as 401Ks. But both retirement strategies are in trouble. Buffeted by pension cuts, corporate bankruptcies, and the 2001-2002 stock market crash, most boomers now expect to be working into their retirement years.

Producer(s): Hedrick Smith
Rick Young


home » previous reports » watch online » about us » teacher center » newsletter »  rss feeds » email FRONTLINE » privacy policy
Corporate Sponsorship » WGBH » PBS

FRONTLINE is a registered trademark of WGBH Educational Foundation.
Web Site Copyright ©1995-2014 WGBH Educational Foundation