Thursday, May 18, 2006

When You're 64

The path to the golden years of retirement looks bumpy, according to a PBS Frontline special that aired last night. "Can You Afford to Retire?" by Hedrick Smith explores how middle-class Americans face increasing threats to their pensions from corporate bankruptcies. Using United Airlines' bankruptcy as an example, Smith shows how workers who once thought they had secured their financial futures are now finding their pensions stripped away through the intricacies of bankruptcy law. In addition to the documentary, the Frontline package includes useful answers to frequently asked questions and profiles of retirees who saw their nest eggs disappear.


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