Over half of people who are working now and over 50 have nothing for retirement savings. They will only have Social Security to rely on.

We're finding that very well-educated people, people who have done everything right, are behind, really behind. And they are hoping they can stay in the labor market, but a word that's used in other countries that isn't used here is very apt here.

And our conception that the way we can mitigate the fact that people don't have retirement savings can be more work, or working longer, or just sort of staying in the game for longer is really a false hope. And it's a false promise.

We live in a culture where it's just delicious to shame and blame. We have what I call sometimes a "smugtocracy."

Over half of people who are working now and over 50 have nothing for retirement savings. They will only have Social Security to rely on.

My research shows that uncertainty about your income at older ages causes more depression, causes more anxiety, which could lead to more chronic heart failure, heart disease, does actually mean shorter lifespans.