Andrew Biggs: American Retirement Readiness

Today on Political Economy, I’m talking with Andrew Biggs on why policymakers, the media, and most Americans are convinced of a retirement crisis that Biggs argues . . . doesn’t exist. Andrew and I discuss why this misperception continues to persist, and where the real flaws are in the American retirement system. Andrew is a senior fellow here at AEI where he researches Social Security reform, public and private sector compensation, and state and local government pensions. Prior to AEI, Biggs was principal deputy commissioner of the Social Security Administration. In 2005, he served as the associate director of the White House National Economic Council. He is also the author of the new  book, The Real Retirement Crisis: Why (Almost) Everything You Know About the US Retirement System Is Wrong.