Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Our current social security system operates on a pay-as-you-go basis; benefits are paid almost entirely out of current revenues. As the ratio of retirees to taxpayers increases, concern about the high costs of providing benefits in a pay-as-you-go system has led economists to explore other options. One involves "prefunding," in which a person's withholdings are invested in financial instruments, such as stocks and bonds, the eventual returns from which would fund his or her retirement. The risks such a system would introduce-such as the volatility in the market prices of investment assets-are the focus of this offering from the NBER. Exploring the issues involved in measuring risk and developing models to reflect the risks of various investment-based systems, economists evaluate the magnitude of the risks that both retirees and taxpayers would assume. The insights that emerge show that the risk is actually moderate relative to the improved return, as well as being balanced by the ability of an investment-based system to adapt to differences in individual preferences and conditions.

Social security --- Privatization --- Finance --- Privatization. --- Social security. --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Denationalization --- Privatisation --- Insurance --- Income maintenance programs --- Contracting out --- Corporatization --- Government ownership --- Social security - United States - Finance --- Social security - United States --- Privatization - United States --- social security, reform, investment, retirement, government, economics, prefunding, stocks, bonds, market, assets, risk, finance, privatization, congress, solvency, private securities, portfolio returns, capital profitability, accumulation, uncertainty, real annuities, individual accounts, international, wealth, nonfiction, aging, seniors.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

A crisis is looming for baby boomers and anyone else who hopes to retire in the coming years. In When I'm Sixty-Four, Teresa Ghilarducci, the nation's leading authority on the economics of retirement, explains how to confront this crisis head-on, revealing the causes behind the increasingly precarious economics of old age in America and proposing a bold plan to guarantee retirement security for every working citizen. Retirement is one of the hallmarks of a prosperous, civilized market economy. Yet in America today Social Security is on the ropes. Government and employers are dismantling pension security, forcing older people to work longer. The federal government spends billions in exemptions for 401(k)s and other voluntary retirement accounts, yet retirement savings for most workers is falling. Ghilarducci takes an unflinching look at the eroding economic structure of retirement in America--and what she finds is alarming. She exposes the failures of pension regulators and the false hopes of privatized Social Security. She tells the ugly truth about risky 401(k) plans, do-it-yourself retirement schemes, and companies like Enron that have left employees without any retirement savings. Ghilarducci puts forward a sweeping plan to revive the retirement-income system, a plan that will ensure that, after forty years of work, every American will receive 70 percent of their preretirement earnings, guaranteed for life. No other book makes such a persuasive case for overhauling the pension and Social Security system in order to provide older Americans with the financial stability they have earned and deserve.

Pensions - United States. --- Pensions --United States. --- Social security - United States. --- Social security --United States. --- Pensions --- Social security --- Labor & Workers' Economics --- Business & Economics --- OASDI (United States) --- Old Age, Survivors, and Disability Insurance (United States) --- E-books --- 331.2520973 --- #SBIB:316.8H40 --- #SBIB:35H437 --- #SBIB:35H6030 --- 332.832 --- 336.024 --- 339.325.0 --- 368.43 --- 658.324 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Sociaal beleid: social policy, sociale zekerheid, verzorgingsstaat --- Beleidssectoren: sociale zekerheid --- Bestuur en beleid: nationale en regionale studies: Verenigde Staten --- Pensioen. Brugpensioen --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Levensstandaard en verbruikspeil (algemeenheden) --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Pensioenen. Verzekeringen

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

In this updated edition of ""Saving Social Security"", the authors analyze the Bush Administration's proposal for individual accounts and discuss the so-called ""price indexing"" proposal to restore long-term solvency through changing how initial benefits would be calculated.

Social security law --- United States --- Social security --- Retirement income --- Old age pensions --- Sécurité sociale --- Revenu de retraite --- Pensions de vieillesse --- Government policy --- Politique gouvernementale --- Social security - United States. --- Labor & Workers' Economics --- Business & Economics --- #SBIB:316.8H40 --- #SBIB:35H437 --- Sociaal beleid: social policy, sociale zekerheid, verzorgingsstaat --- Beleidssectoren: sociale zekerheid --- Sécurité sociale --- OASDI (United States) --- Old Age, Survivors, and Disability Insurance (United States) --- United States of America

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Health insurance -- United States -- Congresses. --- Old age pensions -- United States -- Congresses. --- Retirees -- United States -- Attitudes -- Congresses. --- Retirement income -- United States -- Congresses. --- Social security -- United States -- Congresses. --- Retirement income --- Old age pensions --- Social security --- Health insurance --- Retirees --- Business & Economics --- Labor & Workers' Economics --- Attitudes --- People, Retired --- Retired people --- Retired persons --- Persons --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Older people --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Income

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Pension trusts --- Social security --- Caisses de retraite --- Sécurité sociale --- Management. --- Management --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 368.03 --- 333.52 --- 368.43 --- 332.832 --- 658.324 --- 332.834 --- Economische functie en beleggingspolitiek van de verzekeringen. --- Institutionele beleggers. --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Pensioenen. Verzekeringen. --- Pensioensparen. --- Sécurité sociale --- OASDI (United States) --- Old Age, Survivors, and Disability Insurance (United States) --- Pensioen. Brugpensioen --- Pensioensparen --- Institutionele beleggers --- Economische functie en beleggingspolitiek van de verzekeringen --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Pensioenen. Verzekeringen --- Pension trusts - United States --- Social security - United States --- Pension trusts - United States - Management