Download or read book Financial Security Issues Facing Older Americans written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Consumer Protection and published by . This book was released on 2013 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Security Issues Facing Older Americans written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Consumer Protection and published by . This book was released on 2013 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FINANCIAL SECURITY ISSUES FACING OLDER AMERICANS S HRG 112 374 NOVEMBER 15 2011 112 1 HEARING written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2013* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Security and Personal Wealth written by Lewis D. Solomon and published by . This book was released on 2017-07-26 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Wealthencompasses history, demography, political economy, public finance, social policy. It will be of interest to policymakers, economists, and political scientists in the United States and elsewhere.
Download or read book Families Caring for an Aging America written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-11-08 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family caregiving affects millions of Americans every day, in all walks of life. At least 17.7 million individuals in the United States are caregivers of an older adult with a health or functional limitation. The nation's family caregivers provide the lion's share of long-term care for our older adult population. They are also central to older adults' access to and receipt of health care and community-based social services. Yet the need to recognize and support caregivers is among the least appreciated challenges facing the aging U.S. population. Families Caring for an Aging America examines the prevalence and nature of family caregiving of older adults and the available evidence on the effectiveness of programs, supports, and other interventions designed to support family caregivers. This report also assesses and recommends policies to address the needs of family caregivers and to minimize the barriers that they encounter in trying to meet the needs of older adults.
Download or read book Encyclopedia of Financial Gerontology written by Lois A. Vitt and published by Greenwood. This book was released on 1996 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive encyclopedia covering the financial issues that are significant to older Americans. It has been written by experts in a range of specialties to provide inter-disciplinary information for use in academic, policy, and public information and library settings. A-to-Z arranged entries deal with gerontological and finance terms and concepts, policies and programmes, and needs and problems - from expenditures and financial planning to insurance and taxes; family, ethical, and legal issues; housing, health care, and old-age security questions and programmes; and much more. Each article features references to research, key bibliographies, sources for advice, and guides to further information. The encyclopedia is cross-referenced and fully indexed for easy use by lay persons, researchers, and professionals working with persons over 55 and their families. Teachers, students, practitioners, and general readers will find in this reference work useful.
Download or read book Financial Capability and Asset Holding in Later Life written by Margaret S. Sherraden and published by Oxford University Press, USA. This book was released on 2015 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Financial Capability and Asset Holding in Later Life: A Life Course Perspective the concept of Financial Capability is used to underscore the importance of acquiring knowledge and skills while addressing policies and services than can build financial security.
Download or read book Financial Security of Elderly Americans at Risk written by Elise Gould and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retirement Security written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2003 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Older Americans Inability to Repay Student Loans May Affect Financial Security of a Small Percentage of Retirees written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Recent studies have indicated that many Americans may be approaching their retirement years with increasing levels of various kinds of debt. Such debt can reduce net worth and income, thereby diminishing overall retirement financial security. Student loan debt held by older Americans can be especially daunting because unlike other types of debt, it generally cannot be discharged in bankruptcy. GAO was asked to examine the extent of student loan debt held by older Americans and the implications of default. This testimony provides information on: (1) the extent to which older Americans have outstanding student loans and how this debt compares to other types of debt, and (2) the extent to which older Americans have defaulted on federal student loans and the possible consequences of default. To address these issues, GAO obtained and analyzed relevant data from the Federal Reserve Board's Survey of Consumer Finances as well as data from the Department of the Treasury, the Social Security Administration, and the Department of Education. GAO also reviewed key agency documents and interviewed knowledgeable staff. "
Download or read book What Older Americans Think written by Christine L. Day and published by Princeton University Press. This book was released on 2014-07-14 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the much publicized "graying of America" progresses, political groups that lobby for the elderly have achieved enormous power and organizational success, with no sign of decline in the foreseeable future. What Older Americans Think provides a fresh look at these groups. Are older people united in support of increasing old-age benefits--or perhaps even obsessed with their own financial self-interest, as is sometimes alleged? Do younger people tend to oppose old-age benefits? Why do aging-based political organizations attract so many members? How do Washington policymakers see the "gray lobby"? Focusing on the last decade, Christine Day offers new answers to these and other questions. Drawing on survey data and interviews with organization leaders, congressional staff, and executive branch employees, Day presents an objective, rather than an impressionistic, view. Her findings dispel the myth that older people agree in a desire to receive expanded government benefits: they are no more likely than younger people to support more federal spending on the elderly, or to consider aging policy a highly salient issue. Day also reveals that while older people have become wealthier as a group, they have also become economically more diverse. Old-age interest groups have little control over the degree of inequality between the rich and the poor. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book The Crisis in Retirement Finance written by David Alan Peterson and published by . This book was released on 1972 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research looks at the attitudes of aged persons with respect to the level of benefit under social security. It indicates that the majority of older persons have reasonable and practical goals about the income levels they want and need and, if anything, these goals are too low. This work sheds light on various aspects of gerontology and the issue of adequacy of income for older persons.
Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Download or read book No Pain No Strain written by Angela Lyons and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses data from the 2002 and 2004 Health and Retirement Study to investigate the impact that health problems have on the financial strain of older Americans. Two-stage probit models are estimated for a series of financial ratio guidelines that take into account household solvency, liquidity, and investment asset accumulation. We test our models using a subjective measure of self-reported health status and two objective measures of health that control for the severity of specific health conditions. The results show that health problems significantly increase the likelihood of financial strain for older individuals, and the magnitudes of the effects vary by the type of financial strain and how health status is defined. Those most likely to experience some type of financial strain are those with severe chronic conditions. The results provide insight into the future financial security of older Americans and have important implications for health policy and research.
Download or read book Retooling for an Aging America written by Institute of Medicine and published by National Academies Press. This book was released on 2008-08-27 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the first of the nation's 78 million baby boomers begin reaching age 65 in 2011, they will face a health care workforce that is too small and woefully unprepared to meet their specific health needs. Retooling for an Aging America calls for bold initiatives starting immediately to train all health care providers in the basics of geriatric care and to prepare family members and other informal caregivers, who currently receive little or no training in how to tend to their aging loved ones. The book also recommends that Medicare, Medicaid, and other health plans pay higher rates to boost recruitment and retention of geriatric specialists and care aides. Educators and health professional groups can use Retooling for an Aging America to institute or increase formal education and training in geriatrics. Consumer groups can use the book to advocate for improving the care for older adults. Health care professional and occupational groups can use it to improve the quality of health care jobs.
Download or read book Older Americans written by U S Government Accountability Offi Gao and published by Independently Published. This book was released on 2019-06-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: OLDER AMERICANS: Inability to Repay Student Loans May Affect Financial Security of a Small Percentage of Retirees
Download or read book Will You Still Need Me written by Sara R. Collins and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
