Glassdoor is your resource for information about the 401k plan benefits at adobe. Pbs frontline documentary retirement gamble wins emmy. Learn how fees, selfdealing and kickbacks profit wall street while imperiling our savings. Pbs frontlines the retirement gamble got 401ks right. Best documentarybook for the history of the stock market. In a few rare cases, such as a blog post by vanguard, the. Pbs frontline the retirement gamble 20 documentary. If you care about your retirement savings and you havent had a chance to view pbs frontlines the retirement gamble, pull up a seat and take.
Aug, 2009 the eastern sociological societys ess opportunities in retirement. Ten trillion dollars in americans retirement savings are invested in large and small accounts managed by banks, brokerages, mutual funds, and insurance companies. Frontline explores and illuminates the critical issues of our times from business and health to social issues, politics and war. The retirement gamble dvd,the retirement gamble reveals how fees, selfdealing, and kickbacks bring great profits to wall street while imperiling the prospects of a secure future for individuals. The pbs show frontline recently aired the retirement gamble, an investigative documentary on the state of retirement savings and the problems with 401k and similar retirement plans. Frontline the retirement gamble season 20 episode 9 pbs.
It was well done, interesting, and more than a little critical of. Document the places, people and decisive moments that made the men who are competing for the presidency. I finally had a chance last night to watch the excellent pbs frontline documentary on the american retirement crisis. Pbs frontlines the retirement gamble by fred mazelis 29 april 20 frontline, the longrunning newsmagazine on us public television, aired a program last week dealing with the. Frontline the retirement gamble aging documentary aging. Just click the edit page button at the bottom of the page or learn more in the company credits submission guide. Frontline the retirement gamble season 20 episode 9.
But whether your ira or 401k will assure a safe retirement is largely a gamble. Its useful because it discusses investment wisdom, in contrast to market hype. Summary of pbs the retirement gamble part 1 youtube. The piece takes a critical look at the 401k plan as the central retirement savings vehicle for most americans. Oct 10, 2014 on september 30, 2014, pbs frontline won an emmy award for their documentary the retirement gamble, that aired on april 23, 2014. Privatization of social security 1 privatization of social security name institution privatization of social security 2 for a long time, the social security has become the largest. The piece investigates the financialization of retirement savings via 401ktype accounts and the resulting erosion of an individuals ability to retire. Investigate the groups that changed the debate on climate and redefined the politics of global warming.
A lot of 401ks really bend people over with crappy fund choices and fees out the wazoo and most people dont pay enough attention to know if they. Will your ira or 401k accounts ensure a safe retirement. If you have a spare hour, itd be worth your time to watch the whole thing. Watch fulllength episodes of pbs documentary series frontline for free. Apr 03, 20 the retirement gamble raises troubling questions about how americas financial institutions protect our retirement savings. The retirement gamble facing us all frontline pbs pbs. Pbs frontlines the retirement gamble world socialist web. Smith covers a brief history of the 401k, the market turmoil that has shaken confidence in it, and the various points of confusion and conflicts.
Plan documents deliberately hide some of these fees in fine print. December 29, 2019 10 comments the wife was working a night shift on saturday, so i had an opportunity to do what all married personal finance bloggers dream about doing on a saturday night watch a pbs documentary on a personal finance topic. The retirement gamble reveals how fees, selfdealing, and kickbacks bring great profits to wall street while imperiling the prospects of a secure future for individuals. Substitutes kelly educational staffing shelby county schools. The piece covers a lot of ground, but the two biggest points were that the burden of retirement planning has been plopped into the. Pbs ran it again in late octoberjust in time for halloween.
Its almost a year old so some of you have probably seen it already, but imo everyone with a 401k should watch this. I appreciate a mainstream media effort to raise awareness about the fact that pensions are extinct, 401ks are a crappy replacement, and average retirement savings are putrid but most of. In my opinion, the retirement gamble is one of frontline s most interesting documentaries, as well as one of its most useful. The pbs show frontline recently aired the retirement gamble, an investigative documentary on the state of retirement savings and the problems with 401k and similar retirement plans the show did a great job of highlighting a number of issues and was pretty scathing in its treatment of the financial services industry and workplace retirement savings plans. Pbs frontlines the retirement gamble got 401ks right forbes. Frontline retirement gamblemutual fund fees youtube. Patrick donohoe of paradigm life responds to the recent documentary the retirement gamble by pbs on the united statess flawed retirement system. The retirement gamble frontline pbs good documentary from frontline, as usual. It looks like we dont have any company credits for this title yet. Frontline investigates the american response to covid19 from washington state to washington, d.
Why the industry needs to accept some blame for flaws in. Doctors to get flexibility on pension contributions from next year. The retirement gamble raises troubling questions about how americas. One in three americans has no retirement savings at all. Heres the transcript if you want to take a quick skim. How retirement fees cost you the retirement gamble. Whether your ira or 401k will assure a safe retirement is largely a gamble. The pbs documentary, the retirement gamble, which aired april 23, 2012 on pbs, has shaken up the 401k and mutual fund industries. Pbs frontline the retirement gamble 20 documentary revealing how money managers siphon off most of their investors profits, and what to do about it cc 55. Frontline investigates the man at the center of the political crime of the 20th century. Joelk75 my job is to provide investment advice to tens of thousands of busy professionals, so ill admit to finding all talk of retirement. Money, power and wall street dvd,in a special 4hour investigation, frontline tells the inside story of the struggles to rescue and repair a shattered economy, exploring key decisions, missed opportunities, and the unprecedented and uneasy partnership between government leaders and titans of finance that affects the fortunes of millions of people around the world.
In his excellent frontline documentary airing tuesday, april 23, on pbs, the retirement gamble check local listings, smith, 64, says. If you care about your retirement savings and you havent had a chance to view pbs frontlines the retirement gamble, pull up a seat and. Gsc announces retirement of chairperson sherry peister. The retirement gamble raises troubling questions about how americas financial institutions protect our retirement savings. Most people seem to feel that at retirement, to be ok, you need 10 or 12 times pay, and maybe 15. Frontline tv series the retirement gamble 20 company credits. On top of that, we are living longer, and health care costs. The piece covers a lot of ground, but the two biggest points were that the burden of retirement planning has been plopped into the unprepared publics lap in the form of 401k plans and that the 401k bucket of cash has been too tempting for plan managers, who have been grabbing the money for themselves in the form of fees. Have you seen the pbs frontline documentary the retirement gamble. Delta cfo calls off retirement as pandemic hits airlines finances. Ive recently acquired a job in the industry with no background knowledge of how the us economy came to be where it is today and no understanding of each market crash. The opening 20 minutes or so of this documentary highlights the complexity and confusing nature of retirement savings and investing in your companies 401k. After months of work and research, the public broadcasting service aired the frontline report, the retirement gamble at the end of april, billing it as a special look into americans preparing financially for retirement and focusing particularly on the problems with popular 401k products. May 15, 20 after months of work and research, the public broadcasting service aired the frontline report, the retirement gamble at the end of april, billing it as a special look into americans preparing financially for retirement and focusing particularly on the problems with popular 401k products.
Sep 06, 2015 if you have mutual funds, bond funds, 401ks or retirement accounts in the equities market. May, 20 if you care about your retirement savings and you havent had a chance to view pbs frontlines the retirement gamble, pull up a seat and take a view. Nov 18, 20 the retirement systems chiefly, 401k and 403b plans bilk billions of dollars from americans in the form of fees. The retirement gamble by frontline pbs free listening. Since these industries dislike any form of criticism, they have responded mostly by being silent. Hidden 401k fees you could end up with a lot less savings at 65 than you ever anticipated because of fees charged by. Its almost a year old so some of you have probably seen it already, frontline the retirement gamble fund, fees, 401k, retirement plan investing stocks, bonds, mutual funds, trading, market, brokers. Why the pbs frontline segment, the retirement gamble, is. On april 23, 30 pbs frontline program ran a documentary called the retirement gamble. In part what the documentary said, in part what it did not say. I decided to give this a watch and i understand completely why he decided to give me a call. Jul 08, 20 the pbs program frontline recently aired a documentary called the retirement gamble that cast the entire financial services industry in a negative light, leveling especially harsh criticism at. I had a chance recently to watch the piece about 401k plans by martin smith on the pbs program frontline, the retirement gamble. If you have mutual funds, bond funds, 401ks or retirement accounts in the equities market.
Pbs frontline s2007e12 spying on the home front hdtv. The retirement systems chiefly, 401k and 403b plans bilk billions of dollars from americans in the form of fees. The retirement gamble the retirement gamble raises troubling questions about how americas financial institutions protect our retirement savings. Sell stock photos, videos, vectors online adobe stock. It argues, persuasively, that low cost index funds as the long term best bet. They are not wrong that we should be doing something. Frontline s 52minute documentary, the retirement gamble has been getting a lot of press lately at least in personal finance circles so it was on my todo list to watch, learn, and critique. Frontline the retirement gamble will your ira or 401k accounts ensure a safe retirement. Apr 10, 2014 the retirement gamble frontline pbs good documentary from frontline, as usual. Apr 23, 20 watch fulllength episodes of pbs documentary series frontline for free.
It was well done, interesting, and more than a little critical of my finanical services industry. A network of sociologists who have left, or expect to leave, our primary jobs but want to continue our sociological lives. This piece has created quite a buzz of activity in the investment management, retirement plan blogosphere. Frontline correspondent hedrick smith the wall street fix, is walmart good for america. Retirement is big business in america, but is the system costing workers and retirees more than what theyre getting in return, asks frontline correspondent martin smith. The retirement gamble will your ira or 401k accounts ensure a safe retirement. So you can consider it a primer on stable, retirement funding. Eighty five percent of all financial advisers and financial planners are really just. The film questions who has the consumers best interests in mind, and whether there is a better way to manage our retirements. And, if some of the retirement gamble looked familiar, thats because it was. Retirement ceremony program created for master sergeant john olmstead.
Pbs frontlines the retirement gamble world socialist. The show did a great job of highlighting a number of issues and was pretty scathing in its treatment of the financial services industry and workplace retirement. Moneywatch last night, pbs frontline ran a documentary entitled the retirement gamble. The retirement gamble raises troubling questions about how americas financial institutions protect our savings, and asks whether there is a better way to manage our retirements. Frontline the retirement gamble tv episode 20 imdb. While some of us are fully retired as sociologists, many of us are sociologists who are, or expect to become, semiretired retired from our primary employment, but not necessarily retired. The pbs frontline 401k documentary names suspects but. The retirement gamble reveals how fees, selfdealing, and kickbacks bring great profits. Smith covers a brief history of the 401k, the market turmoil that has shaken confidence in it. You cant start work when youre 20 or 22 and decide to get serious about this in your 40s. In the pension gamble, frontline investigates the role of state.
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