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Economy: Retirement #1014976

NBC Evening News for Friday, Jan 06, 2012
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(Studio: Brian Williams) Report introduced.

(New York: Anne Thompson) The impact of the down economy on retirement examined; details given about the failure of many people to save enough money; the drop in the stock market and home values and savings statistics cited. [Rhode Islanders Michael and Elizabeth LARKIN‡- comment on the losses in their investment portfolio and pension.] [Boston College Center for Retirement Research Alicia MUNNELL††- notes the higher Social Security benefit from working until age 70.] [AARP Jean SETZFAND†- comments on changed expectations for prospective retirees.]

(Studio: Brian Williams) Live in-studio discussion held with NBC News financial editor Jean Chatzky† about how to prepare for retirement. [CHATZKY – says people need to know what they have coming to them and what it will cost to live; offers tips for adjusting; notes people don’t want to know the numbers.]

Williams, Brian;
Thompson, Anne

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