eBook - PDF
Wealth After Work
Innovative Reforms to Expand Retirement Security
- 406 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Wealth After Work
Innovative Reforms to Expand Retirement Security
About this book
Pensions and retirement saving plans have helped millions of households build financial security. But tens of millions of people have been left behind, without access to these wealth accumulation vehicles. For many others, the plans they have do not ensure financial security in retirement.
The problems that underlie these failures can be addressed. This book proposes concrete, practical ways to make dependable retirement income accessible for all Americansānot just those with means.
Individual accounts have eclipsed traditional pensions as the primary vehicle for retirement saving in the United Statesāa shift that underlies many sources of retirement insecurity. The 401(k) plan and similar accounts have increased financial security for many people but have done nothing for millions more. Many of those who do have such plans are burdened with the need to make numerous saving, investment, and withdrawal decisions that stress their financial acumen. Financial advice that is unbiased, unconflicted, and affordable is often difficult to find. Managing wealth in retirementāespecially the need to convert retirement savings into steady incomeāposes significant challenges that current financial instruments and practices do not adequately address. Economic downturns like the Great Recession and the COVID-19 pandemic increase financial insecurity and make addressing these issues more urgent.
Written by noted experts in the field, Wealth After Work offers practical solutions that address these concerns. The proposals show how policymakers can help all Americans gain access to retirement savings accounts, obtain better information about their savings choices, and better manage their wealth in retirement. By proposing solutions that build on, rather than replace the existing system, the book provides a nuanced, practical guide to reform that would benefit all Americans.
The problems that underlie these failures can be addressed. This book proposes concrete, practical ways to make dependable retirement income accessible for all Americansānot just those with means.
Individual accounts have eclipsed traditional pensions as the primary vehicle for retirement saving in the United Statesāa shift that underlies many sources of retirement insecurity. The 401(k) plan and similar accounts have increased financial security for many people but have done nothing for millions more. Many of those who do have such plans are burdened with the need to make numerous saving, investment, and withdrawal decisions that stress their financial acumen. Financial advice that is unbiased, unconflicted, and affordable is often difficult to find. Managing wealth in retirementāespecially the need to convert retirement savings into steady incomeāposes significant challenges that current financial instruments and practices do not adequately address. Economic downturns like the Great Recession and the COVID-19 pandemic increase financial insecurity and make addressing these issues more urgent.
Written by noted experts in the field, Wealth After Work offers practical solutions that address these concerns. The proposals show how policymakers can help all Americans gain access to retirement savings accounts, obtain better information about their savings choices, and better manage their wealth in retirement. By proposing solutions that build on, rather than replace the existing system, the book provides a nuanced, practical guide to reform that would benefit all Americans.
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, weāve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere ā even offline. Perfect for commutes or when youāre on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Wealth After Work by William G. Gale,J. Mark Iwry,David C. John in PDF and/or ePUB format, as well as other popular books in Personal Development & Personal Finance. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Front Cover
- Title Page
- Copyright Information
- Table of Contents
- Preface
- Introduction
- How Will Retirement Saving Change by 2050? Prospects for the Millennial Generation
- Changing Wealth Accumulation Patterns: Evidence and Determinants
- How Does Gender Equality Affect Women in Retirement?
- A Retirement Dashboard for the United States
- Retirement Plans for Contingent Workers: Issues and Options
- Supplemental Transitions Accounts for Retirement: A Proposal to Increase Retirement Income Security and Reform Social Security
- State-Sponsored Retirement Saving Plans: New Approaches to Boost Retirement Plan Coverage
- Structuring State Retirement Saving Plans: A Guide to Policy Design and Management Issues
- Public Pensions in Flux: How the Federal Government's Experiences Can Inform State Responses
- You Get What You Pay For: Guaranteed Returns in Retirement Saving Accounts
- From Saving to Spending: A Proposal to Convert Retirement Account Balances into Automatic and Flexible Income
- When Income Is the Outcome: Reducing Regulatory Obstacles to Annuities in 401(k) Plans
- Retirement Tontines: Using a Classical Finance Mechanism as an Alternative Source of Retirement Income
- Contributors
- Chapter Credits
- Index
- Back Cover