![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
FRONTLINE: Can You Afford To Retire?
May. 22nd, 2006 04:22 pm"The question is, why do people end with such small amounts? Why do people make such bad decisions? Let me assure you, it's not [just] them. ... I have made virtually every mistake that I look out there and see other people doing. We live busy, complicated lives. Saving for retirement is a really hard thing to do. You have to look way ahead. You have to put other demands aside. You have to resist temptation when you have the chance to get this nice pile of cash that would really solve all your problems. We're all just pressed, and so we don't make smart retirement decisions. ..."
--- Alicia Munnell, Director, Boston College Center for Retirement Research
"What you need to set aside for retirement"
http://www.pbs.org/wgbh/pages/frontline/retirement/world/need.html
You can start here: http://www.pbs.org/wgbh/pages/frontline/retirement/
Let's get cracking, people. Don't end up saving 30% like I'm having to do now -- and I invested in my 20's, just had some hard times. The guy next door is cutting down a massive limb from a hackberry one branch at a time, because he can't afford to pay a tree guy until next month.
And he has military pensions and SS.
--- Alicia Munnell, Director, Boston College Center for Retirement Research
"What you need to set aside for retirement"
http://www.pbs.org/wgbh/pages/frontline/retirement/world/need.html
You can start here: http://www.pbs.org/wgbh/pages/frontline/retirement/
Let's get cracking, people. Don't end up saving 30% like I'm having to do now -- and I invested in my 20's, just had some hard times. The guy next door is cutting down a massive limb from a hackberry one branch at a time, because he can't afford to pay a tree guy until next month.
And he has military pensions and SS.
