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When I'm Sixty-Four: The Plot Against Pensions and the Plan to Save Them

3.65  ·  Rating Details ·  17 Ratings  ·  4 Reviews
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 r ...more
Hardcover, 374 pages
Published May 18th 2008 by Princeton University Press (first published January 1st 2008)
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E
Nov 01, 2009 E rated it really liked it
A bold plan to preserve retirement

For many Americans, the dream of a safe, secure retirement has become a cruel joke. Elderly people without pensions find themselves trying to squeeze by on Social Security as they work part time for minimum wage serving hamburgers or greeting customers at discount stores. Some have money saved, but the overall U.S. savings rate is way down. For most workers, reliable pensions are becoming a thing of the past, just as costs are rising. Pension expert Teresa Ghil
...more
Qwerty
Jul 23, 2009 Qwerty rated it it was ok
I really wanted to like this book more, but found it too technical and wonkish. I really liked the fact the author challenges the assumption that just because people are living longer that they necessarily should be working longer and spend fewer years in retirement. The author also makes an excellent argument about how Social Security is highly progressive, i.e., those with less income have a higher pecentage of their pre-retirement income replaced by Social Security than those at higher income ...more
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Shelves: want-to-read
Nice Beatles reference.
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Teresa Ghilarducci is an economist, author, and labor economist, and retirement security expert. Her widely circulated New York Times op-ed "Our Ridiculous Approach to Retirement" brought attention to her fresh and comprehensive critique of the America way of provisioning for retirement. Her book, When I'm 64: The Plot Against Pensions and the Plan to Save Them, presents her cutting-edge policy re ...more
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