Podcast on Americans’ Retirement Security
As baby boomers move into retirement age, their retirement security is getting a lot of attention, due to longer life expectancies, private-sector pension changes, and uncertainty about Social Security’s long-term fiscal condition.
Yesterday, we issued a report raising concerns about the retirement security of many Americans at or near retirement age. We found, for example, that more than half of households age 55 and older have no retirement savings.
(Excerpted from GAO-15-419)
What does this mean for current and future retirees? Listen to our podcast with Charlie Jeszeck, a director in GAO’s Education, Workforce, and Income Security team, who led the recent review.
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