401(k) Fridays Podcast

Ah the good old days, when life was simpler, people retired with pension plans, social security was fully funded and you spent your retirement golden years in relative financial security.  Fast forward to today, there is a perception that our retirement system is broken, and we are either already in or headed for a dramatic retirement crisis.  Much of the blame for our current state of  retirement preparation has been placed on the rise of 401(k) plans.  However, does the data support both the romanticized vision of the past and the bleak picture of our present and future?  To help sort through things I have Andrew Biggs, a Resident Scholar at the American Enterprise Institute with me today.  His research on retirement preparation, social security and his relentless focus on data lends for an interesting conversation and perspective on some popular narratives in the media about workplace retirement plans.   Guest Bio Andrew G. Biggs, Ph.D., is a resident scholar at the American Enterprise Institute in Washing