Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
401Ks Are A Sham
Posted
August 11, 2013
Views
43,016
Likes
1,176
Comments
491
Engagement
3.88%
August 11, 2013
43,016
1,176
491
3.88%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
7:05Now Playing"'For retirement, the answer is 4-0-1-k,' proclaimed Tyler Mathisen, then editor of Money magazine in 1996. 'I feel sure that someday, like a financial Little-Engine-That-Could, it will pull me over the million-dollar mountain all by itself.'
For this sentiment, and others like it, Mathisen was soon rewarded with an on-air position at financial news network CNBC, where he remains to this day. As for the rest of us? We were had.
The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that's without taking into account the possibility that Social Security benefits will be cut at some point in the future."*
What are YOUR plans for retirement? Do you expect to have a comfortable retirement or to work until the very end? Cenk Uygur and Ana Kasparian break it down.
Support The Young Turks by Subscribing
Like Us on Facebook:
Follow Us on Twitter
Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!)
Buy TYT Merch
Support The Young Turks by becoming a member of TYT Nation at Your membership supports the day to day operations and is vital for our continued success and growth. In exchange, we provided members only bonuses! We tape a special Post Game show MonThurs and you get access to the entire live show at your convenience in video, audio and podcast formats.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
