The Real Retirement Crisis
Why (Almost) Everything You Know About the US Retirement System Is Wrong
Andrew G. Biggs
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Sozialwissenschaften, Recht, Wirtschaft / Allgemeines, Lexika
Beschreibung
Americans, and the elected officials who represent them, are worried about retirement. Majorities of Americans tell pollsters they fear a "retirement crisis" of inadequate savings and incomes in old age. Some argue that our system of 401(k)s and individual retirement accounts layered on top of a base income from Social Security is an abject failure. Only a complete reboot that expands Social Security and abandons 401(k)s can avert the retirement crisis. But what if the entire narrative is wrong?
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retirement,Social Security,pensions,retirement crisis