Emmy Award winner for Outstanding Documentary on a Business Topic! Baby boomers are facing a retirement shock: long life expectancy but short income. The pillars of retirement income for Americans, Social Security, corporate pensions and employee-contribution plans such as 401Ks, are in trouble. Buffeted by pension cuts, corporate bankruptcies, and the 2001-2002 stock market crash, most boomers will now be working in their retirement years.