Show Notes
Who should be responsible for an American retirement? For the early part of the nation's history, that was never a consideration. The fate of older Americans was on them. Then in the early 20th century, a host of movements ushered in company pensions and Social Security, helping to create the modern-day idea of retirement for many workers. But as pensions fade into 401(k)s and Social Security teeters, workers again find themselves bearing more responsibility and risk of financing their golden years.
This episode is part of The Wall Street Journal’s USA250: The Story of the World’s Greatest Economy, a collection of articles, videos and podcasts aiming to offer a deeper understanding of how America has evolved.
Further Reading:
TheStruggle To Keep America’s Workers Safe
An Economy Built on Speculation
Americans Are Claiming Social Security Early, Fearful of Its Future
ThisNew Investing Idea Isn’t Right for Your Retirement Plan
Howto Keep This Hot Stock Market From Melting Your Retirement Dreams
LloydBlankfein Misses Being Goldman Sachs CEO—Mostly When There’s a Market Crisis
WallStreet Is Pushing Private Assets Into 401(k)s. We Asked Whether Anyone Wants Them.
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