The rising cost of living and longer life expectancy is making it harder for Americans to retire comfortably. Millions of Americans are behind on saving for retirement and face the possibility of working in their old age.

Economist Teresa Ghilarducci says she has a plan that could fix retirement in America. In her book, "Work, Retire, Repeat: The Uncertainty of Retirement in the New Economy," she proposes a few policies that she believes can help Americans currently struggling to retire. Today on the show, we talk to her about her ideas and why the current status quo is more serious than we think.

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