The first generation to be fully reliant on 401(k) plans is now starting to retire. As that happens, it is becoming clear just how broken the system is. Michael Steinberger, a contributing writer for The New York Times Magazine, explains.
Jul 24
Could ‘Trump Accounts’ Actually Close the Wealth Gap?
This month, President Trump announced the start of “Trump accounts,” an investment device that could eventually help address the nation’s wealth gap. Claire Cain Miller, who covers families and education for The New York Times, explains how these accounts work and why so many Ame ... Show More
31m 19s
Jul 23
Why Is the U.S. Building the Saudi Nuclear Program While Destroying Iran’s?
The United States signed a landmark deal on Wednesday that allows Saudi Arabia to develop a nuclear program. At the same time, President Trump is escalating the war in Iran, a conflict that the White House says aims to destroy the country’s nuclear capabilities. David E. Sanger, ... Show More
25m 26s
Apr 2025
Retire? In this economy?!
With 401(k)s taking a hit and the fate of Social Security uncertain, we get some advice for how to talk to the elders in your life about work and retirement.
This episode was produced by Carla Javier and Gabrielle Berbey, edited by Miranda Kennedy, fact-checked by Melissa Hirsch ... Show More
30m 11s
Aug 2024
Generation X Is Turning 60, and Many Can’t Afford to Retire
Many Americans born between 1965 and 1980, often referred to as Gen X, are facing shortfalls in savings as they approach the traditional retirement age. Wall Street Journal reporter Hannah Miao joins host J.R. Whalen to discuss why they are in a worse position than the previous g ... Show More
8m 9s
Nov 2022
Caught in a ‘Financial Vortex’: Why Retirement Expectations Often Fall Short of Reality
Amid rising interest rates, high inflation, and market volatility, a challenging macroeconomic environment is throwing individuals’ retirement readiness off track. In the latest Exchanges at Goldman Sachs, Michael Moran, a senior pension strategist in Goldman Sachs’ Asset Managem ... Show More
20m 2s
Dec 2021
Hope is NOT a Retirement Strategy
Retirement fund giant, CALPERS, voted in early November to use borrowed money and alternative assets to meet its investment-return target, even after lowering that target just a few months ago. Today’s guests discuss what this means for retirees depending on their pension for the ... Show More
58m 22s
Sep 2023
9-19-2023 – 4 Dangerous Assumptions That Could Hurt Your Retirement Plan
By the time retirement savers realize the error of their ways, it may be too late. Today's Stocks & Topics: GE - General Electric Co., Oil, PLBYPLBY Group Inc., Annuities, JEPQ - J.P. Morgan Nasdaq Equity Premium Income ETF, JEPI - JPMorgan Equity Premium Income ETF, SUN - Sunoco ... Show More
46m 9s