Working Longer: The Solution to the Retirement Income Challenge

Munnell, Alicia H.; Sass, Steven A.

ISBN 10: 0815758987 ISBN 13: 9780815758983
Verlag: Brookings Institution Press, 2008
Gebraucht Hardcover

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Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less 1. Bestandsnummer des Verkäufers G0815758987I4N10

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Daily headlines warn American workers that their retirement years may be far from golden. The main components of the retirement income system ―Social Security and employer-provided pensions and health insurance ―are in decline while the amount of income needed for a comfortable retirement continues to rise. In Working Longer, Alicia Munnell and Steven Sass suggest a simple solution to this problem: postponing retirement by two to four years. By following their advice, the average worker retiring in 2030 can be as well off as today's retirees. Implementing this solution on a national scale, however, may not be simple.
Working Longer investigates the prospects for moving the average retirement age from 63, the current figure, to 66. Munnell and Sass ask whether future generations will be healthy enough to work beyond the current retirement age and whether older men and women want to work. They examine companies' incentives to employ older works and ask what government can do to promote continued participation in the workforce. Finally, they consider the challenge of ensuring a secure retirement for low-wage workers and those who are unable to continue to work. The retirement system faces very real challenges. But together, workers, employers, and the government can keep this vital piece of the American dream alive.

Über die Autorin bzw. den Autor: Alicia H. Munnell is the Peter F. Drucker Professor of Management Sciences, Carroll School of Management, and director of the Center for Retirement Research at Boston College, Massachusetts, USA. She has served as assistant secretary of the Treasury for economic policy (1993–1995) and as a member of the President's Council of Economic Advisers (1995–97). She was also cofounder and first president of the National Academy of Social Insurance. Munnell has written or edited numerous books, including Coming up Short: The Challenge of 401(k) Plans, with Annika Sundén (Brookings, 2004).
Steven A. Sass is associate director of the Center for Retirement Research at Boston College, USA. He was previously an economist at the Federal Reserve Bank of Boston and taught at Rutgers and Brandeis. His books include The Promise of Private Pensions: The First Hundred Years (Harvard, 1997), Social Security and the Stock Market: How the Pursuit of Market Magic Shapes the System, with Alicia H. Munnell (Upjohn Institute, 2006), and The Social Security Fix-It Book, with Alicia H. Munnell and Andrew Eschtruth (Center for Retirement Research, 2007).

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Titel: Working Longer: The Solution to the ...
Verlag: Brookings Institution Press
Erscheinungsdatum: 2008
Einband: Hardcover
Zustand: Very Good
Zustand des Schutzumschlags: No Jacket

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Munnell, Alicia H., Sass, Steven A.
ISBN 10: 0815758987 ISBN 13: 9780815758983
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Zustand: As New. Like New condition. Like New dust jacket. A near perfect copy that may have very minor cosmetic defects. Artikel-Nr. A11S-01283

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Munnell, Alicia H., Sass, Steven A.
ISBN 10: 0815758987 ISBN 13: 9780815758983
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Zustand: Very Good. Very Good condition. Very Good dust jacket. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Artikel-Nr. K14A-04285

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Munnell, Alicia H.; Sass, Steven A.
ISBN 10: 0815758987 ISBN 13: 9780815758983
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Hardcover. Zustand: Very Good. No Jacket. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Artikel-Nr. G0815758987I4N00

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