What If Boomers Can't Retire?

How to Build Real Security, Not Phantom Wealth

Business & Finance, Personal Finance, Retirement Planning, Nonfiction, Health & Well Being, Self Help
Cover of the book What If Boomers Can't Retire? by Thornton Parker, Berrett-Koehler Publishers
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Author: Thornton Parker ISBN: 9781609944056
Publisher: Berrett-Koehler Publishers Publication: December 2, 2002
Imprint: Berrett-Koehler Publishers Language: English
Author: Thornton Parker
ISBN: 9781609944056
Publisher: Berrett-Koehler Publishers
Publication: December 2, 2002
Imprint: Berrett-Koehler Publishers
Language: English

When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing. This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services.

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When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing. This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services.

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