In 2008, WV guest James W. Russell got a big shock, like hundreds of thousands of other Americans who thought their 401k’s were going to give them a comfortable retirement. His retirement portfolio took a big hit, so he decided to investigate just why our retirement system is so insecure.
What he found out, he’s put into his explosive book, SOCIAL INSECURITY: 401(k)s and the Retirement Crisis. We spend the hour talking with Russell about 401k’s, pension plans, and social security — and what can be done to make sure we don’t end up poor in our old age. Continue reading