The Retirement Prospects of the Baby Boom Generation PDF Download

Author: Daniel B. Radner
Publisher:
ISBN:
Category : Baby boom generation
Languages : en
Pages : 68

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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.

Author: Nancy Dailey
Publisher: Bloomsbury Publishing USA
ISBN: 0313025339
Category : Education
Languages : en
Pages : 166

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Book Description
Fewer than 20% of Baby Boom women will experience a secure retirement. Marriage, education, occupation, home ownership—these variables predict their future. Possession of all four indicates retirement security, and absence of any increases risk of old-age poverty. This riveting sociological study also examines the social relations and structures that will determine the retirement experience, options, and decisions for more than 40 million Baby Boom women. These women's material base and social status are examined through the use of empirical data, and the key predictors of their retirement are identified. The massive entry of Baby Boom women into the labor force increases the importance of retirement planning for working women. It comes at a time when existing research models and data are outdated and inadequate to effectively predict their future retirement experience. Over the past 30 years, American men and their spouses have benefited from the linear, undifferentiated model of the traditional male retirement. For the Baby Boom generation, however, the nature of work has changed significantly. The current retirement model may not serve Baby Boom men as well as in the past, let alone Baby Boom women. In contrast, this book offers a new, dynamic model that considers the social and work structures influencing women's lives and that accurately reflects the predictors and parameters of Baby Boom women's retirement.

Author: Daniel B. Radner
Publisher: BiblioGov
ISBN: 9781289039561
Category :
Languages : en
Pages : 62

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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.

Author:
Publisher:
ISBN:
Category : Baby boom generation
Languages : en
Pages : 50

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Book Description

Author: James A. Bacon
Publisher:
ISBN: 9781892538536
Category : Political Science
Languages : en
Pages : 352

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Book Description
Driven by uncontrolled deficit spending, a mounting national debt and rising interest rates on that debt, the U.S. government will go into default within the next 20 to 30 years. The resulting crisis will change the political landscape beyond recognition. It will mean the end of American empire, and it will shred the retirement safety net for tens of millions of Boomers and the generations that follow. "Boomergeddon" details how runaway health care costs and a global shift from capital surplus to capital shortages will create a death spiral of mounting national debt, rising interest rates and soaring debt payments. The author also explains how partisan gridlock and the power of the entrenched political class in Washington, D.C., will thwart the painful changes needed to return the country to fiscal sustainability. The final chapters give Boomers a primer on how to survive Boomergeddon and, if they want to undertake the herculean task, how to avert it.

Author: David Willetts
Publisher: Atlantic Books
ISBN: 0857891421
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
The baby boom of 1945-65 produced the biggest, richest generation that Britain has ever known. Today, at the peak of their power and wealth, baby boomers now run the country; by virtue of their sheer demographic power, they have fashioned the world around them in a way that meets all of their housing, healthcare, and financial needs. In this original and provocative book, David Willetts shows how the baby boomer generation has attained this position at the expense of their children. Social, cultural, and economic provision has been made for the reigning section of society, whilst the needs of the next generation have taken a back seat. Willetts argues that if our political, economic, and cultural leaders do not begin to discharge their obligations to the future, the young people of today will be taxed more, work longer hours for less money, have lower social mobility, and live in a degraded environment in order to pay for their parents' quality of life. Baby boomers, worried about the kind of world they are passing on to their children, are beginning to take note. However, whilst the imbalance in the quality of life between the generations is becoming more obvious, what is less certain is whether the older generation will be willing to make the sacrifices necessary for a more equal distribution. The Pinch is a landmark account of intergenerational relations in Britain. It is essential reading for parents and policymakers alike.

Author: Amy Hanson
Publisher: John Wiley & Sons
ISBN: 0470500794
Category : Religion
Languages : en
Pages : 230

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Book Description
How ministry leaders can help older adults be a vital part of Christian community With the explosion of the older adult population, this important book explores the opportunities and challenges that this presents for the Christian community. Amy Hanson challenges us to let go of many old stereotypes regarding aging and embrace a new paradigm that sees older adults as active, healthy and capable of making significant contributions. Debunks the myths of aging that keep us from fully embracing the potential of people in life's second half Offers suggestions on how to re-invent ministry with older adults Focuses on unleashing older adults to serve and make an impact on churches and congregations A volume in the Leadership Network series The author shows church leaders how they can unleash the power of the baby boomer population to strengthen their congregations.

Author: Elwood Carlson
Publisher: Springer Science & Business Media
ISBN: 1402085419
Category : Social Science
Languages : en
Pages : 228

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Book Description
Born during the Great Depression and World War Two (1929–1945) an entire generation has slipped between the cracks of history. These Lucky Few became the first American generation smaller than the one before them, and the luckiest generation of Americans ever. As children they experienced the most stable intact parental families in the nation’s history. Lucky Few women married earlier than any other generation of the century and helped give birth to the Baby Boom, yet also gained in education compared to earlier generations. Lucky Few men made the greatest gains of the century in schooling, earned veterans benefits like the Greatest Generation but served mostly in peacetime with only a fraction of the casualties, came closest to full employment, and spearheaded the trend toward earlier retirement. Even in retirement/old age the Lucky Few remain in the right place at the right time. Here is their story, and the story of how they have affected other recent generations of Americans before and since.

Author: John McIlwain
Publisher:
ISBN: 9780874202199
Category : Aging
Languages : en
Pages : 0

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Book Description
"Urban Land Institute, Terwilliger Center for Housing; ULI Foundation."

Author: National Research Council
Publisher: National Academies Press
ISBN: 0309261961
Category : Social Science
Languages : en
Pages : 230

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Book Description
The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.