Ideas In Action with Jim Glassman
America's Retirement Challenge: Should We Ditch 40
Guests: Teresa Ghilarducci. Professor of Economics at the New School for Social Research and author of When I'm 64: The Plot Against Pensions and the Plan to Save Them; Alex Brill. Research Fellow at the American Enterprise Institute and former chief economist to the House Ways and Means Committee; Dallas Salisbury. President and CEO of the Employee Benefit Research Institute (EBRI) that reports on the state of retiring America. Over the past three decades defined-benefit plans have been replaced, for the most part, by defined-contribution plans like 401(k)s. But the majority of Americans with access to 401(k)s are not saving the maximum amount they can, and in many cases are not saving at all. Should the government play a greater - or different - role in getting Americans to save more for their retirement?
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