Ready to Retire?

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The economy has many people wondering if they will ever be able to retire. Will you be ready? Do you know how to build a bigger nest egg and get the most out of Social Security in your golden years? Seventy eight million baby boomers are approaching this stage in their lives and uncertainty about their financial future is a common concern. With shrinking 401ks, late career layoffs and the downsizing of company financed pension plans; retirement has become a challenging goal for many to reach. "Ready to Retire?" takes a look at some of these major life issues through the personal stories of baby boomers. These include James Torres, a former Wall Street banker who lost his job due to outsourcing; Robert Fano, president of a small business who has had to delay his retirement plans and now works six days a week; and Michele Mendes, a pediatric nurse who has expanded her career into teaching. Host Marie DeNoia Aronsohn takes an in-depth look at the new retirement realities. She leads a lively discussion with three distinguished panelists: Jonathan Pond, financial expert, PBS icon and accomplished author; Deborah Russell, Director of Workforce Issues at AARP; and Alicia H. Munnell, Director of the Center for Retirement Research at Boston College.

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