Working Longer: The Solution to the Retirement Income Challenge
Alicia H. Munnell, Steven A. Sass
Language: English
Published by Brookings Institution, 2008
- Hardcover
- New
Seller: Bill & Ben Books, Faringdon, United KingdomBill & Ben Books
AbeBooks seller since March 3, 2025
Condition: New
£ 7.20
Quantity: 1 available
Add to basketItem description from seller
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.…
Seller Inventory # 0076862
- Title
- Working Longer: The Solution to the Retirement Income Challenge
- Author
- Alicia H. Munnell, Steven A. Sass
- Publisher
- Brookings Institution
- Publication year
- 2008
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0815758987
- ISBN 13
- 9780815758983
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.
"Synopsis" may belong to another edition of this title.
About the Author
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).
"About the title" may belong to another edition of this title.
Bill & Ben Books
Faringdon, United Kingdom
AbeBooks seller since March 3, 2025
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