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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| REF SIRS 2004 Family Article 53 Looking the Future in the Face. | REF SIRS 2004 Family Article 54 Retirement, Baby Boomer Style. | REF SIRS 2004 Family Article 54 The New Retirement Journey. | REF SIRS 2004 Family Article 55 The Risky Business of Retirement. | REF SIRS 2004 Family Article 55 40% of Retirees Depend on Social Security Alone. | REF SIRS 2004 Family Article 56 The Age Wave Is Coming. | REF SIRS 2004 Family Article 57 Retirees: The "New Kids" on Campus. |
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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