Author: Publisher:
ISBN:
Category : Baby boom generation
Languages : en
Pages : 48
Book Description
Baby Boomers' Retirement Prospects
Author: The Retirement Prospects of the Baby Boom Generation
Author: Daniel B. RadnerPublisher:
ISBN:
Category : Baby boom generation
Languages : en
Pages : 68
Book Description
Summarizes the results of a research on the economic status of the baby boomers and compares their financial prospects with their parents' generation. Presents projections of the income and consumption of the baby boomers at the age of 65.
Baby Boomer's Retirement Prospects
Author: Douglas Holtz-EakinPublisher:
ISBN: 9780756739409
Category : Political Science
Languages : en
Pages : 38
Book Description
Over the past 15 years, the retirement prospects of the baby-boom generation (people born from 1946 to 1964) have become a source of public concern. Some experts contend that low saving by boomers could limit economic growth in the U.S. & compound the financial pressures that face gov't. programs such as Social Security & Medicare. This CBO study updates & expands on a 1993 CBO report on the retirement preparedness of boomers. It places the baby-boom retirement issues in historical & policy context, describes the methodologies used to analyze that issue, reviews numerous studies of retirement preparedness that have been published since 1993, & draws general conclusions from their findings. Graphs.
The Retirement Prospects of the Baby Boom Generation
Author: Daniel B. RadnerPublisher: BiblioGov
ISBN: 9781289039561
Category :
Languages : en
Pages : 62
Book Description
This paper examines the financial prospects of the baby boomers in their elderly years. The paper primarily attempts to draw together and summarize results found by other researchers, but a few new estimates are presented. The consensus of the research appears to be the following. Up to this point, the baby boom generation as a whole has a higher economic status than their parents' generation did at the same ages, but this does not hold for some subgroups. When it becomes elderly, the baby boom generation as a whole probably will have a higher economic status than their parents' generation has and will have at those ages, but, again, this may not hold for some subgroups. It is uncertain whether the baby boom generation as a whole will have enough resources in retirement to maintain their preretirement standard of living without increasing their saving or retiring later, but some subgroups will be able to maintain their living standard without changing their behavior.
Baby Boomers' Retirement Prospects
Author: The Retirement Prospects of the Baby Boomers
Author: Baby Boomers' Retirement Prospects: An Overview
Author: The Retirement Prospects of the Baby Boomers
Author: It's All Relative
Author: Barbara A. ButricaPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The aim of this paper is to compare baby boomer retirees with previous generations on their overall level, distribution, and composition of family income and on the adequacy of this income in maintaining their economic well-being in retirement. To do this analysis we use projections of retirement income from the Social Security Administration's Modeling of Income in the Near Term (MINT) data system. In absolute terms, measured by real per capita income and poverty rates, we find that baby boomers will be better off than current retirees. In relative terms, however, many baby boomers will be worse off than current retirees. First, MINT predicts changes over time in the relative ranking of important subgroups within specific cohorts, with some subgroups experiencing substantial gains in real per capita income and other subgroups experiencing little gain over time. Second, while both pre- and post-retirement incomes are rising, post-retirement incomes do not rise as much as pre-retirement incomes. Consequently, baby boomers are less likely than current retirees to have enough post-retirement income to maintain their preretirement living standards. These findings hold up to various definitions of family income and replacement rates.
Rehired, Not Retired
Author: Dilip SarafPublisher: iUniverse
ISBN: 0595362583
Category :
Languages : en
Pages : 579
Book Description
The current workforce demography and the emergent job market have put at risk millions of baby boomers' retirement prospects in the U.S. alone. This is now also a global problem. Many, who were anticipating joyous sunset years, have suddenly awakened to the dire future they now face. Since the job-market meltdown triggered in 2001, many have resigned to the idea that the emerging rules for success are beyond them. Regroup, conquer these rules, and learn how to: Reinvent yourself and reengage in ways that you thought out of reach Discover your genius and redefine your value proposition Uncover and then vanquish brand-new job challenges to vivify your everyday life Make your career immune from economic cycles Find meaning in your work and bring back joy that eluded you! Master the art of aligning your purpose with possibilities Retire the word 'retire" from your vocabulary and stop working for a living Eliminate stress from meaningless work Enjoy what you do; live even longer and thrive Proven strategies, object lessons, and handy tools make Rehired a must-have playbook for those frustrated with their stalled careers or worried about their future.