Making Retirement Saving Automatic

Guest: Bob Pozen, JD, Senior Lecturer at the MIT Sloan School of Management and Senior Fellow at the Brookings Institution Nearly half of Americans said in a Federal Reserve Board survey that that could not come up with $400 on the spot to cover an emergency expense. Not only are we not saving for the here and now. We’re not saving for the future. Nearly a third of us have nothing saved for retirement. Zip.