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State Task Force Says Not Enough Marylanders Ready For Retirement

Scott Wills / Flickr / Creative Commons

On this chilly morning, a chilling statistic from a new report by a state task force on retirement savings, which found that about one-million Marylanders will enter retirement with no pension and basically no savings. So, what will retirement look like for all of these people? Will Social Security be enough to support them? Former Lt. Governor Kathleen Kennedy Townsend chairs the task force, appointed by then-Governor Martin O’Malley last year, to look into the problem. She joins us this morning to explain what the task force found.

You can download the task force's final report here.

Audio for this segment will be available by the end of the day.

Host, Midday (M-F 12:00-1:00)