Age in America: What is the retirement crisis that many are facing?

Age in America: What is the retirement crisis that many are facing?

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges Americans face as they approach retirement, highlighting the unreliability of traditional savings methods like pensions and 401K plans. Ted Bennett, known as the father of the 401K, explains its benefits and limitations, while Teresa Ghilarducci addresses the anxiety surrounding retirement savings. The discussion includes potential solutions, such as payroll deduction IRAs and the importance of supporting Social Security and Medicare. Viewers are advised to seek non-conflicted financial advice and plan their budgets for retirement.

Read more

3 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'weak green incentive plan' and how does it aim to help employees?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns regarding the adequacy of retirement savings for middle-class Americans?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does Teresa Gallarducci give to individuals who are nervous about their retirement savings?

Evaluate responses using AI:

OFF