Teresa Ghilarducci, a retirement and economics expert, discusses the challenges of retirement planning in the new economy. She emphasizes the importance of financial security, criticizes the current retirement system, and proposes a 'gray new deal' solution. The conversation explores the transition to retirement, the role of social security, and the need for enhanced support for older workers. Ghilarducci advocates for universal pensions and building a strong foundation for retirement planning, highlighting the importance of fulfillment and adaptability in retirement.

Teresa Ghilarducci, a leading economics professor at The New School and author of "Work, Retire, Repeat," dives into the pressing issues surrounding Social Security. She reveals how President Trump's proposals could hasten the program's insolvency by two years, raising alarms about its future. Ghilarducci discusses the complexities of Social Security taxes, urges urgent reforms, and emphasizes the necessity of government-run retirement plans. Her insights shed light on the fragility of retirement funding and the contradictions in public support for government programs.

The age of eligibility for full Social Security benefits is currently 67, but the cash reserves behind it are expected to run out by 2034. Those arguing “yes” to raising the retirement age say people these days are living longer, and it will lead to more economic growth. Those arguing “no” say not everyone is able to work longer and it’ll make large benefit cuts. Now we debate: Should the Government Raise the Retirement Age? Arguing Yes: Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget    Arguing No: Teresa Ghilarducci, Irene and Bernard L Schwartz Professor of Economics and Policy Analysis at The New School  Emmy award-winning journalist John Donvan moderates  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Professor Teresa Ghilarducci joins the podcast to argue against the 401(k), highlighting its inequities and misaligned incentives. She advocates for a new government-sponsored retirement savings account. The discussion also touches on the current stock market highs and the need for a more secure retirement approach for American workers.

Teresa Ghilarducci discusses retirement challenges, flaws in the American retirement system, and the Gray New Deal as a solution for retirement security. They delve into 401k failures, elder poverty rates in Japan, and the impact of the pandemic on work and retirement planning.

Teresa Ghilarducci, a retirement expert, challenges the idea of working longer for retirement security. She advocates for a national plan financed by employers and employees, aiming to provide choices for retirement. The podcast covers the retirement crisis, social security changes, class disparities in retirement, and proactive financial security measures.

Join Tom Wheelwright on a deep dive into the retirement crisis with economist Teresa Ghilarducci. They discuss rethinking retirement norms, the importance of job control and financial education, entrepreneurship as an alternative to traditional retirement, and the need for improved savings solutions. The conversation emphasizes financial education for young individuals and the significance of personal responsibility in achieving financial security.

Teresa Ghilarducci, labor economist and author, discusses challenges in retirement savings and the impact of wage stagnation. She also explores the difficulties of working longer in your 60s for retirement, highlighting issues like inconsistent employment and financial insecurity.

Labor economist Teresa Ghilarducci discusses the shortcomings in the US retirement system, highlighting the lack of help for millions of workers to save. Wall Street is also concerned, with Larry Fink of BlackRock emphasizing the need to shore up retirement savings.

The podcast delves into the dire realities of retirement in the US, highlighting the challenges individuals face in saving enough. The guest expert discusses the uncertainty in the new economy and the widespread unpreparedness for retirement. Insights are shared on the evolution of pension plans and the proposal of a universal pension system for retirement security, with bipartisan support for enhancing Americans' financial future.