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May 12, 2006 at 01:30 PM
The PBS news magazine Frontline will take a critical look at baby boomers’ retirement plans in “Can You Afford To Retire?,” a report that will premiere at 9 p.m. EDT May 16.
The report, which will appear on PBS affiliates throughout the United States, will look at failures of traditional defined benefit plans and baby boomers’ low average 401(k) plan savings rates.
The report will point out that the typical boomer enrolled in a 401(k) plan has only enough savings to live on for about 7 years, according to the report producers.
In other financial services media news:
- Wealth Builders Publishing, Sugar Land, Texas, has published “Achieving Financial Freedom in Difficult Times: Rethinking America’s Dysfunctional Mindset about Wealth.”
The author, Carla Cargle, a Stafford, Texas, financial advisor bases much of her advice on a period during which she was unemployed and had trouble paying for food, shelter and other essentials.
