Predictable Surprise: The Unraveling of the U.S. Retirement System

Schieber, Sylvester J.

ISBN 10: 0199890951 / ISBN 13: 9780199890958

Published by Oxford University Press, 2012

Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G0199890951I3N01

Synopsis:

Social Security is in jeopardy, private pension systems have fallen apart, and workers are trying to save for their own for retirement with the stock market in the worst shape since the Great Depression. In The Predictable Surprise, Sylvester J. Schieber shows that forewarnings of the coming retirement crisis have been apparent for decades, but we have never mustered the political will to address the problem. This book explains how we have gotten into the retirement predicament and where we can go from here. Schieber, a renowned authority on this topic, provides a compact, insightful history of Social Security, pension plans, and other retirement options, highlighting both their original justifications and the point when things began to go wrong. He brings his discussion right up to the present morass and concludes with suggestions as to how we can reform our retirement system. Our situation is not hopeless, Schieber concludes, if we take on some of these issues and resolve them. If we do not, we will severely jeopardize the prosperity of younger generations.

About the Author: Sylvester J. Schieber is Former Chairman of the Social Security Advisory Board, and the author or editor of numerous books on various aspects of population aging and retirement.

Bibliographic Details

Title: Predictable Surprise: The Unraveling of the ...
Publisher: Oxford University Press
Publication Date: 2012
Binding: Hardcover
Condition: Good
Dust Jacket Condition: No Jacket