Will your IRA or 401K accounts ensure a safe retirement? FRONTLINE investigates the big business of retirement, raising troubling questions about how Americaâ€™s financial institutions protect our savings. (Aired 2013)
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Trillions of dollars in Americansâ€™ retirement savings are invested in large and small accounts managed by banks, brokerages, mutual funds, and insurance companies. But whether your IRA or 401K will assure a safe retirement is largely a gamble. In the 2013 documentary â€œThe Retirement Gamble,â€ producers Martin Smith and Marcela Gaviria build off reporting from the groundbreaking series â€œMoney, Power and Wall Street,â€ revealing how fees, self-dealing, and kickbacks bring great profits to Wall Street while imperiling the prospects of a secure future for individuals. The documentary explores who has the consumerâ€™s best interests in mind, and whether there is a better way to manage our retirements.
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Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. Major funding for FRONTLINE is provided by the John D. and Catherine T. MacArthur Foundation and the Ford Foundation. Additional funding is provided by the Abrams Foundation, Park Foundation, the Heising-Simons Foundation, and the FRONTLINE Journalism Fund with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation.
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