Atnaujinkite slapukų nuostatas

Work, Retire, Repeat: The Uncertainty of Retirement in the New Economy [Kietas viršelis]

3.43/5 (190 ratings by Goodreads)
  • Formatas: Hardback, 264 pages, aukštis x plotis x storis: 229x152x24 mm, weight: 481 g, 6 line drawings, 8 tables
  • Išleidimo metai: 06-Mar-2024
  • Leidėjas: University of Chicago Press
  • ISBN-10: 0226831469
  • ISBN-13: 9780226831466
Kitos knygos pagal šią temą:
  • Formatas: Hardback, 264 pages, aukštis x plotis x storis: 229x152x24 mm, weight: 481 g, 6 line drawings, 8 tables
  • Išleidimo metai: 06-Mar-2024
  • Leidėjas: University of Chicago Press
  • ISBN-10: 0226831469
  • ISBN-13: 9780226831466
Kitos knygos pagal šią temą:
A damning portrait of the dire realities of retirement in the United States—and how we can fix it.

"The issue of the future of Social Security, on which millions of Americans depend, produced great political theater at the State of the Union address. That highlighted a bigger problem of financing retirement as baby boomers seek to retire, often with limited resources. Many argue that the solution to the problem is for people to work longer. Teresa Ghilarducci, a noted expert on retirement, argues that the "working longer" idea is wrong, unnecessary, and discriminates against people who work in lower wage occupations. Ghilarducci pushes for a national plan to finance retirement that would draw on contributions by both employers and employees to replace our privatized and ramshackle personal retirement system and make changes in the tax system that supports Social Security to give people a real choice whether to retire or continue to work in their later years. This book tells the stories of people locked into jobs later in life not because they love to work but because they must work. She demonstrates how relatively low-cost changes in the way we manage, and finance retirement will enable people in their so-called "golden years" to choose how to spend their time. Ghilarducci has a good public platform, writes for Bloomberg and other outlets, and is passionate about her ideas and reaching as broad a public as possible. The book is for the growing number of people in the public and policy community who are worried about their retirement and engaged in the renewed debate about Social Security and Medicare"--

A damning portrait of the dire realities of retirement in the United States—and how we can fix it.

While the French went on strike in 2023 to protest the increase in the national retirement age, workers in the United States have all but given up on the notion of dignified retirement for all. Instead, Americans—whose elders face the highest risk of poverty compared to workers in peer nations—are fed feel-good stories about Walmart clerks who can finally retire because a customer raised the necessary funds through a GoFundMe campaign.

Many argue that the solution to the financial straits of American retirement is simple: people need to just work longer. Yet this call to work longer is misleading in a multitude of ways, including its endangering of the health of workers and its discrimination against people who work in lower-wage occupations. In Work, Retire, Repeat, Teresa Ghilarducci tells the stories of elders locked into jobs—not because they love to work but because they must.

But this doesn’t need to be the reality. Work, Retire, Repeat shows how relatively low-cost changes to how we finance and manage retirement will allow people to truly choose how they spend their golden years.

Recenzijos

"Ghilarducci presents a grim view of the current ominous realities of retirement in the United States and offers recommendations for improvement. . . She shares true stories of people locked into jobs not because they love to work but because they must, and her meticulous research analyzes how working longer does little to improve retirement security and inadequate pensions. . . This highly recommended book focuses on middle- and lower-income people who do not have millions in their retirement accounts and who are particularly concerned about the retirement possibilities that their children and grandchildren will have." * Library Journal (starred review) * "Ghilarducci argues convincingly that how long people need to work is more about who has power in society than anything else." -- Peter Coy * The New York Times * "[ Work, Retire, Repeat] examines the wide array of realities older adults face as they retire or find themselves working later in life. Its a meaningful, engaging, and accessible book that deals with subject matter that will only increase in importance. . . . Written with passion, precision and prescription." -- Raymond A. Jetson * Generations Now * Named one of the Best Summer Books of 2024. "A powerful rejoinder to the view that, in an aging society, people must work longer and retire later." -- Martin Wolf * The Financial Times * "Work, Retire, Repeat makes valuable points in assessing attempts to push back retirement for all Americans." * City Journal * "America's retirement system is failing too many people. . . .Economist Teresa Ghilarducci, in her new (highly recommended) book discusses reform proposals, including several she co-authored. . .It's high time for at least one of these well-designed and affordable ideas to become law. . . .Ghilarducci offers a potential blueprint for action for policymakers and citizens." -- Chris Farrell * Star Tribune * "[ Work, Retire, Repeat] is a wake-up call to academics and policymakers to take the well-being of low-income older workers seriously and a provocative starting point for what better policy toward senior citizens might entail." -- Andrew Samwick * Journal of Economic Literature * "The book is for the growing number of people in the public and policy community who are worried about their retirement and engaged in the renewed debate about Social Security and Medicare." * New Books Network * "Retirement inequality is on the rise and is causing anger and democratic resentment among working classes in many countries. This fascinating book puts the central issue of retirement inequality at the forefront of political discussion. A must read." -- Thomas Piketty | author of "Capital in the Twenty-First Century" Work, Retire, Repeat shows the risks and decisions facing older workers today and the economic forces this complexity creates. Ghilarducci's analysis is packed with facts and original ideas for both change and how to live with today's system in the meantime. Work, Retire, Repeat may prove to be as influential as Stuart Chases 1932 book A New Deal." -- Robert Shiller | recipient of the 2013 Nobel Memorial Prize in Economics Compared to workers in equally wealthy countries, Americans work much longer. We work more hours per week, take fewer vacations, and look ahead to a late, financially insecure retirement. Ghilarducci convincingly and heartrendingly shows that so many of us who find ourselves unable to afford to retire didnt plan for this, but rather find out after the fact that others had punched holes in the financial buckets we thought were being filled for our retirement. -- Brad DeLong | author of "Slouching Towards Utopia: An Economic History of the Twentieth Century"

Foreword by E. J. Dionne Jr.

Part I: How the Working-Longer Consensus Made the Retirement Crises Worse

Chapter 1: The Erosion of Retirement and the Rise of Retirement Inequality

Chapter 2: The Shift to Retirement Insecurity

Part II: The Hidden Costs of Working Longer

Chapter 3: Working Longer Is Often Not a Choice

Chapter 4: Working Longer Can Harm Your Health

Chapter 5: Working Longer Creates Unequal Retirement Time

Chapter 6: Working Longer Does Little to Improve Retirement Security

Chapter 7: When Older Workers Lose, All Workers Lose

Chapter 8: The High Cost of Bad Pensions

Part III: The Gray New Deal

Chapter 9: Good Jobs for Older Workers

Chapter 10: Creating Better Pensions

Notes
Bibliography
Index
Teresa Ghilarducci is professor of economics and policy analysis at the New School for Social Research in New York City. She serves as the director of the Schwartz Center for Economic Policy Analysis and the New Schools Retirement Equity Lab (ReLab). She also writes a regular column for Forbess #RetireWell blog.