Financial Security and Personal Wealth

Nonfiction, Social & Cultural Studies, Political Science, Politics, Social Services & Welfare, Business & Finance
Cover of the book Financial Security and Personal Wealth by Lewis D. Solomon, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Lewis D. Solomon ISBN: 9781351519847
Publisher: Taylor and Francis Publication: July 5, 2017
Imprint: Routledge Language: English
Author: Lewis D. Solomon
ISBN: 9781351519847
Publisher: Taylor and Francis
Publication: July 5, 2017
Imprint: Routledge
Language: English

America's elderly population is soaring, presenting numerous challenges for policymakers in the United States. Other developed nations with aging populations face similar problems. There will be fewer workers relative to retirees in coming decades and the elderly are also expected to live longer. The impact of these demographic changes in the United States is likely to be challenging, especially for America's system of social security. Solomon offers new perspectives on how to meet the future costs of social security without bankrupting the next generation or gravely damaging the U.S. economy. He also shows, more broadly, how to provide for the financial security of America's senior populations.Over the past two decades, primary responsibility for providing a financially adequate retirement has shifted from the federal government and employers to individuals. For most Americans, social security alone will not provide enough income. Most companies have shed their pension plans for 401(k) plans, to which companies and employees contribute, and in which participants must make their own investment decisions. Consequently, achieving financial security in retirement has increasingly become one's personal responsibility.Solomon deals extensively with the politics of social security, past and present. He examines the presidential leadership of Franklin D. Roosevelt and Ronald Reagan, both of whom revived the nation's spirit in times of crisis, both of whom introduced economic policies that remain controversial to the present day. He also considers in detail contemporary efforts to rethink social security, focusing on fundamental reform of the social security system and the expansion and simplification of employer-sponsored retirement plans and individual retirement arrangements.Richly textured, informed, and informative, Financial Security and Personal Wealth encompasses history, demography, political economy, public finance, social policy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

America's elderly population is soaring, presenting numerous challenges for policymakers in the United States. Other developed nations with aging populations face similar problems. There will be fewer workers relative to retirees in coming decades and the elderly are also expected to live longer. The impact of these demographic changes in the United States is likely to be challenging, especially for America's system of social security. Solomon offers new perspectives on how to meet the future costs of social security without bankrupting the next generation or gravely damaging the U.S. economy. He also shows, more broadly, how to provide for the financial security of America's senior populations.Over the past two decades, primary responsibility for providing a financially adequate retirement has shifted from the federal government and employers to individuals. For most Americans, social security alone will not provide enough income. Most companies have shed their pension plans for 401(k) plans, to which companies and employees contribute, and in which participants must make their own investment decisions. Consequently, achieving financial security in retirement has increasingly become one's personal responsibility.Solomon deals extensively with the politics of social security, past and present. He examines the presidential leadership of Franklin D. Roosevelt and Ronald Reagan, both of whom revived the nation's spirit in times of crisis, both of whom introduced economic policies that remain controversial to the present day. He also considers in detail contemporary efforts to rethink social security, focusing on fundamental reform of the social security system and the expansion and simplification of employer-sponsored retirement plans and individual retirement arrangements.Richly textured, informed, and informative, Financial Security and Personal Wealth encompasses history, demography, political economy, public finance, social policy.

More books from Taylor and Francis

Cover of the book The Routledge Encyclopedia of Films by Lewis D. Solomon
Cover of the book Connecting Inquiry and Professional Learning in Education by Lewis D. Solomon
Cover of the book Management Consultancy Insights and Real Consultancy Projects by Lewis D. Solomon
Cover of the book The New Eco-Architecture: Alternatives from the Modern Movement by Lewis D. Solomon
Cover of the book An International Perspective by Lewis D. Solomon
Cover of the book Nineteenth-Century Philosophy of Religion by Lewis D. Solomon
Cover of the book A Century of Banking Consolidation in Europe by Lewis D. Solomon
Cover of the book China and Globalization by Lewis D. Solomon
Cover of the book Ichnographia Rustica by Lewis D. Solomon
Cover of the book Excavating the Power of Memory in Japan by Lewis D. Solomon
Cover of the book Ancestral Geographies of the Neolithic by Lewis D. Solomon
Cover of the book American Sanctions in the Asia-Pacific by Lewis D. Solomon
Cover of the book Rethinking Journalism by Lewis D. Solomon
Cover of the book Enduring Migration through the Life Cycle by Lewis D. Solomon
Cover of the book Grassroots Reform in the Burned-over District of Upstate New York by Lewis D. Solomon
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy