A real oldy but a goody costly lesson for retirement. The sub is full of people with great 401k information and is much more active. Sep 03, 2015 you, no doubt, have questions about your retirement, especially with the recent market declines. The retirement gamble raises troubling questions about how americas financial institutions protect our savings, and asks whether there is a better way to manage our retirements.
He said his wife recorded it and asked him if he wanted to watch it with her. From 31 march 2020, youtube services in the uk will be provided. It probably feels like a bigger deal since older baby boomers are now entering into retirement age in wildebeest like droves. Frontline takes us inside the multitrillion dollar mismanagement and meltdown of public employees retirement savings, and how states and. Nov 18, 20 here are the key points in the retirement gamble. If people just cut back a bit on some of these things especially in their 20s and 30s and waited until they were out of debt and could afford them, most people would be able to prepare themselves properly for retirement. People in america have a mentality these days that they are entitled to all of these things regardless of their income.
Summary of pbs the retirement gamble part 1 youtube. As retirement gets closer, we want to make sure we take some money out of the stock market to be available to meet future income needs. It argues, persuasively, that low cost index funds as the long term best bet. Morgan retirement executive claims that fiduciary pledges arent necessarily in the customers best interest.
Profile image for academic staff member andrew gamble. December 29, 2019 10 comments the wife was working a night shift on saturday, so i had an opportunity to do what all married personal finance bloggers dream about doing on a saturday night watch a pbs documentary on a personal finance topic. On my retirement from cambridge in 2014 i became emeritus professor of politics. The majority of americans close to or in retirement dont have. Number one indicator of people who retire wealthy dave ramsey rant duration. If it is a retirement fund and moving to a different retirement fund you wouldnt pay capital gains taxes. Pbs frontlines the retirement gamble world socialist web. Frontline the retirement gamble season 20 episode 9. List of frontline american tv program episodes wikipedia.
Apr 24, 20 if it is a retirement fund and moving to a different retirement fund you wouldnt pay capital gains taxes. So you can consider it a primer on stable, retirement funding. Watch fulllength episodes of pbs documentary series frontline for free. The retirement gamble raises troubling questions about how americas. Frontlines 52minute documentary, the retirement gamble has been getting a lot of press lately at least in personal finance circles so it was on my todo list to watch, learn, and critique. You, no doubt, have questions about your retirement, especially with the recent market declines. Ifa is a feeonly advisory and wealth management firm that provides riskappropriate, returnsoptimized, globallydiversified and taxmanaged investment strategies with a fiduciary standard of care founded in 1999, ifa is a registered investment adviser with the u. Its time to retire the 401k government qualified plans. The retirement gamble trailer frontline pbs youtube. If you want to gamble with your retirement money, all i can say is be my guest.
The piece takes a critical look at the 401k plan as the central retirement savings vehicle for most americans. This document was filed with the sec in html format, as allowed by the recent edgar system modernization. Mining precious metals and coins real estate oil wells and natural gas solar company financial market economic recession confidence loss. The retirement gamble also highlights the excessive. Mar 22, 2016 the 2016 employee benefit research institute retirement confidence survey finds many workers think things will turn out fine for them in retirement. Procter and gamble retirement in cincinnati, oh with. Did you happen to catch the incredible and eyeopening frontline documentary that recently aired on pbs the retirement gamble. Jan 16, 2018 what kind of retirement saver are you. A wolf in sheeps clothing watch pbs frontline, cbs 60 minutes, msnbc morning. Pbs frontline will be airing the retirement gamble on april 23rd. The 2016 employee benefit research institute retirement confidence survey finds many workers think things will turn out fine for them in retirement. The retirement gamble will your ira or 401k accounts ensure a safe retirement. Mrbeast and pewdiepie will freaking do something about climate.
As i present this topic, and the solutions to the problem, to national audiences mainly through webinars, i often start with these set of. Pbs frontline 20 the retirement gamble eugenio bonanno. Frontline is an investigative journalism program of the public broadcasting service pbs. Securities and exchange commission that provides investment advice to individuals. You must be a registered user to use the imdb rating. Frontline the retirement gamble tv episode 20 release. How 401k plan sponsors can improve their odds in the retirement gamble an attorney explains where the trail goes cold in pbs retirement gamble framing the retirement crisis in america. Its useful because it discusses investment wisdom, in contrast to market hype. Universe documentary subscribe scitech now subscribe. Aug 25, 2015 you, no doubt, have questions about your retirement, especially with the recent market declines. Will your ira or 401k accounts ensure a safe retirement. Apr 29, 20 pbs frontlines the retirement gamble by fred mazelis 29 april 20 frontline, the longrunning newsmagazine on us public television, aired a program last week dealing with the.
Frontline the retirement gamble tv episode 20 imdb. Dont gamble with your retirement income protect it. The retirement gamble raises troubling questions about how americas financial institutions protect our retirement savings. It was well done, interesting, and more than a little critical of my finanical services industry. The retirement gamble will your ira or 401k accounts ensure a. Frontline the retirement gamble season 20 episode 9 pbs. This hourlong program presented a noholdsbarred look at the broader financial industry and how, specifically, the behavior of traditional wall street brokerage firms and nonfiduciary financial planners has contributed to the. Death benefits summary of nystrs death benefits nystrs. Pbs frontlines the retirement gamble by fred mazelis 29 april 20 frontline, the longrunning newsmagazine on us public television, aired a.
This is a story about having your retirement, that you thought was secure, go south and its a story that impacts millions of americans, says smith, who with gaviria previously. Apr 23, 20 watch fulllength episodes of pbs documentary series frontline for free. Sep 06, 2015 if you have mutual funds, bond funds, 401ks or retirement accounts in the equities market. I was speaking with a client yesterday and he told me that over the weekend he watched the documentary the retirement gamble. My biggest concern with frontlines the retirement gamble, as well as other notable. The retirement gamble season 20 episode 9 frontline wttw. Apr 24, 20 moneywatch last night, pbs frontline ran a documentary entitled the retirement gamble. To be eligible for the continued coverage in retirement, you must retire within one year of leaving the payroll and not be employed other than nystrs service between your ceaseteaching date and retirement date. To keep gambling mentally and financially healthy always gamble at low risk.
I appreciate a mainstream media effort to raise awareness about the fact that pensions are extinct, 401ks are a crappy replacement, and average retirement savings are putrid but most of. Im sure hell contribute some information, as he has done a lot of reading in the area and can share a few resources. Documentaries that will make you smarter about money. If you have mutual funds, bond funds, 401ks or retirement accounts in the equities market. But for some, gambling can become a problem and even an addiction. The pbs show frontline recently aired the retirement gamble, an investigative documentary on the state of retirement savings and the problems with 401k and similar retirement plans. Approximately 2% of those who gamble experience problems due to their gambling behavior and may be diagnosed with a gambling use disorder tracy, j. In my opinion, the retirement gamble is one of frontlines most interesting documentaries, as well as one of its most useful. If you have a spare hour, itd be worth your time to. Maybe you have a 1 percent chance of beating the market over time. Washingtonians look to state lawmakers for help while. Moneywatch last night, pbs frontline ran a documentary entitled the retirement gamble. Program participants share varied outlooks about their future. Films media group, an infobase learning company, is the premier source of highquality academic streaming video and dvds for schools, colleges, and libraries.
Professor andrew gamble department of politics the university of. I had a chance recently to watch the piece about 401k plans by martin smith on the pbs program frontline, the retirement gamble. How to diversify your procter and gamble pst and 401k financial planning. Ive added some tips on ways you can shore up your own retirement plan. The effort began earlier this year when donaldsons fans on youtube, reddit, and twitter twtr, 2. I appreciate a mainstream media effort to raise awareness about the fact that pensions are extinct, 401ks are a crappy replacement, and average retirement savings are. Those types of decisions are a life and death gamble for people like tina ghosn from snoqualmie.
The retirement gamble season 20 episode 9 frontline. Most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. The show did a great job of highlighting a number of issues and was pretty scathing in its treatment of the financial services industry and workplace retirement. Last week pbs aired the retirement gamble, a documentary that was intended to alert and shock the general public about the problems with. The pbs show frontline recently aired the retirement gamble, an investigative documentary on the state of retirement savings and the problems with 401k and similar retirement plans the show did a great job of highlighting a number of issues and was pretty scathing in its treatment of the financial services industry and workplace retirement savings plans. Smith covers a brief history of the 401k, the market turmoil that has shaken confidence in it, and the various points of confusion. How to diversify your procter and gamble pst and 401k. Authors bill babcock and babcock, william click for more information. The kind willing to roll the dice and let your nest egg ride, or the kind who wants more of a sure thing. By the time bob and becky get to retirement, they should have at least two years of living expenses out of the stock market. For additional digital leasing and purchase options contact a media consultant at 8002575126 press option 3. Find 794 listings related to procter and gamble retirement in cincinnati on. The dicey retirement gamble americans are making forbes. Frontline the retirement gamble tv episode 20 on imdb.