The Retirement Gamble

June 17, 2013 Wisconsin Public Television Leave a Comment

Watch Frontline “The Retirement Gamble” at 9 p.m. Tuesday, June 18 on Wisconsin Public Television.

I have to say I’m pretty happy to be young enough to not be overly concerned about retirement right now. The thought of having enough money saved to live on for all those years is scary enough as it is. The idea is made even worse when people start investigating the primary retirement plans and labeling them things like “failed experiments.”

Now I haven’t seen the program yet, but I really hope there’s some sort of light at the end of the tunnel. It seems somewhat cruel to me to tell someone their 401k could possibly be a failed investment and not give them an alternative investment option for the future. It’s almost as disheartening as listening to someone tell you that you will likely spend the majority of your life paying into Social Security only to have the program go extinct long before you’re old enough to start collecting… but that’s a story for a different day.

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