Americans over the age of 65 have a collective $15 trillion in the bank. Economics editor Chris Farrell says the retiree motto for financial advice should be "caveat emptor."
The traditional model for retirement is changing, and a lot of baby boomers find themselves continuing to work into their later years. Tess Vigeland talks about the "young old" with author Marc Freedman.
The Pension Protection Act passed by Congress last year allows companies to automatically enroll their employees into a 401k. But regulators still have to decide what plans work best. Tess Vigeland talks to Charles Ruffle of PlanSponsor.com.