Financial expert Jean Chatzky discusses the best ways to plan for, and calculate, retirement needs.
Retirement once painted a rosy picture of leisurely time spent reading or enjoying hobbies, as well as pursuing new and rewarding activities we once couldn't make time for. But just how ready are Americans for retirement, and is that once ideal notion still attainable? The downturn in the economic landscape has left many Boomers woefully unprepared for what was once thought to be one of the most pleasurable phases of life. We are joined in our studios by AARP's Financial Ambassador and Financial Editor for NBC's, "Today Show," Jean Chatzky. She discusses the best ways to plan for, and calculate, your retirement needs. Also joining Ms. Chatzky is Steve Cassaday, an independent financial planner and President of Cassaday & Co. Segment 3: Things You Don't Need. Guests: Jean Chatzky, Financial Editor for NBC's "Today Show" and AARP's Financial Ambassador; Steve Cassaday, Independent Financial Planner, Founder & President Cassaday & Co.