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Reinventing the Retirement Paradigm (Pensions Research Council)

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 | #3358598 in eBooks |  2005-08-11 |  2005-08-11 | File type: PDF

||1 of 1 people found the following review helpful.| Journal of Pension Economics and Finance review|By Pension Research Council|Journal of Pension Economics and Finance (2008), 7:369-370 Cambridge University Press
Copyright © 2008 Cambridge University Press
doi:10.1017/S1474747207003368
Reinventing the Retirement Paradigm. Robert L. Clark and Olivia S. Mitchell eds. Oxford University Press, 2005, ISBN 0-19-92|About the Author|Robert L. Clark is a Professor of Business Management and Economics at North Carolina State University. His research examines retirement decisions, the choice between defined benefit and defined contribution plans, the role of information and co

This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behavior and policy a moving

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