Can You afford to retire?

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Can You afford to retire? - A 2006 frontline special

Part -1 (7 min)

ONE
A New Era
Corporations used to take care of retirement through old-fashioned lifetime pensions. Today, they've stepped back and put the responsibility, and much of the cost, on the individual.

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Re: Can You afford to retire?

Part -2 (18 min)

TWO
Inside the Story of United's Bankruptcy
The new corporate bankruptcy strategy allows troubled companies like United to dump commitments to employees and retirees.There's a much better ending, however, for top execs and dealmakers.

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Re: Can You afford to retire?

Part -3 (15 min)

THREE
Save Yourself
Forty million Americans have employer sponsored 401(k) retirement accounts. They're fast replacing pensions. But 401(k)s have pitfalls and most baby boomers just aren't saving enough.

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Re: Can You afford to retire?

Part 4 (16 min)

FOUR
What's Ahead?
After 40 years with 401(k) plans, Nebraska dumped them after seeing pensions did far better for workers. Experts say 401(k)s need reforming; some even question whether the 401(k) system can carry the burden of being America's retirement system.

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