The Risky Business of Retirement. Richard C. Leone.
by Leone, Richard C; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 55Family. Publisher: American Prospect, 2003ISSN: 1522-3213;.Subject(s): Individual retirement accounts | Old age pensions | Retirement -- Planning | Saving and investment | Social security | Social security -- Law and legislationDDC classification: 050 Summary: "It's not your imagination: Americans are facing a lot more risk these days....We find ourselves more alone than we have been, perhaps ever, with an unfamiliar sense of physical fear. We've also been hit over the head with forceful reminders that job markets and stock markets go down as well as up. And as if there weren't enough stress, we are beginning to realize that, when it comes to a secure retirement, most of us have neither earned enough nor saved enough to have the life we imagined for our last act." (AMERICAN PROSPECT) The author examines the state of each leg of the "three-legged stool" that retirement experts feel most workers should have to fall back on: "personal wealth, a government-backed safety net of social insurance (composed in the United States of Social Security, Medicare and Medicaid), and job-related pensions."| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2004 Family Article 55 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: The Risky Business of Retirement, Summer 2003; pp. A16-A18.
"It's not your imagination: Americans are facing a lot more risk these days....We find ourselves more alone than we have been, perhaps ever, with an unfamiliar sense of physical fear. We've also been hit over the head with forceful reminders that job markets and stock markets go down as well as up. And as if there weren't enough stress, we are beginning to realize that, when it comes to a secure retirement, most of us have neither earned enough nor saved enough to have the life we imagined for our last act." (AMERICAN PROSPECT) The author examines the state of each leg of the "three-legged stool" that retirement experts feel most workers should have to fall back on: "personal wealth, a government-backed safety net of social insurance (composed in the United States of Social Security, Medicare and Medicaid), and job-related pensions."
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