News & Public Affairs

Retirement Expert Warns US Facing a Crisis of More Seniors Living in Poverty

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Tags: retirement, poverty, pensions, 401(k)s, Teresa Ghilarducci, social security

Good afternoon, welcome to The Last Call. I’m Rob Lorei. Coming up today: retirement, Social Security, pensions and 401k’s.

In Tallahassee the new speaker of the house- Will Weatherford is pushing a plan to end defined pension benefits for new employees and replacing them with 401k’s. We’re going to talk with one of the country’s leading experts on retirement. Our guest is Teresa Ghilarducci, Chair of Economic Policy Analysis and director of the Schwartz Center for Economic Policy Analysi...