Download or read book Our Aging Population the Social Security Crisis written by Carol Chambers Collins and published by New York, N.Y. : Facts on File. This book was released on 1983 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Will America Grow Up Before it Grows Old written by Peter G. Peterson and published by Random House (NY). This book was released on 1996 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The facts are plain: Social Security is headed for massive, unsustainable deficits in the next century. Politicians talk of a Social security "trust fund" but there are no hard assets in it--only government bonds. The reality is that Social Security is really a "pay as you go" system, with benefits to current retirees paid not out any saved trust funds but out of taxes on the payroll of today; s workforce. But what will happen when these employees retire; when, in less than fifteen years, the 76 million members of the baby boom generation -- the largest in our history -- stop paying in and start taking money out? And what can we as individuals and as citizens do now to prevent these catastrophic deficits. The crises towards which we are careening (by 2025, 1 American in 5 will be 65 or older and it will take an already overloaded 1.6 working Americans to support each retired person) will not only be felt personally by the many millions stranded with no savings and without benefits, but will shiver the country's economy as a whole as well as the world financial system. With courage, clarity and incontrovertible evidence, Peterson spells out this huge -- if politically unmentionable -- problem more clearly than ever before and tells us what we must do now for our personal survival and that of our children. According to recent polls, more young Americans believe in UFOs than think they will ever receive a Social Security check. Yet most Baby Boomers, as they approach retirement age, believe they will continue to live their present lifestyle in retirement -- without a fraction of the personal savings or pensions necessary to pay for the future they expect. This agingpopulation -- double today's load -- will depend on as few as 1.6 working Americans to support each retired person. Who will support this nation of Floridas? In this short, powerful book, Peter G. Peterson, one of American's top investment bankers and a leading critic of our entitlement policy, spells out in the clearest possible language, with unmistakable numbers and easy-to-read charts, the disaster that lies ahead if we continue to ignore our low saving rate, our ballooning federal deficits, and our enormous unfunded and unsustainable commitments to retirees. Peterson reveals what politicians are afraid to admit: trillions of dollars of promised benefits for which no funds have been provided. Shattering the myths surrounding this subject with hard facts and eye-opening views of the future, Peterson gives the most comprehensive and candid plan for a gradual, humane, fair, and realistic answer to the greatest challenge of the next century: transforming our political, economic, cultural, and social assumptions to adapt to the realities of the graying of America.
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 The Pension Mountain written by Max Horlick and published by Vantage Press, Inc. This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no more important issue facing aging Americans today than the acknowledged world crisis in social security. The problem is ascribed to the aging of populations--while the number of pensioners is growing, the proportion of contributors is shrinking. The current Republican administration in the United States has tried to make changes in an effort to postpone or present the problem here in America. However, their efforts have been frustrated ... not by the Democrats, not by AARP, but by Otto von Bismarck. Who? you may ask. WHy, the first chancellor of the German Empire, that's who. In his comprehensive study of potential reforms to the social security system, entitled The Pension Mountain, former research director for UNited States government agencies Max Horlick writes that, "the basic rules of social security were established in his [von Bismarck's] time, in the early 1890s, and are almost impossible to change. Virtually all possible reforms proposed by the United States government have long since been tried in rapidly aging Europe." This present study discusses these various reforms and presents new insight and meaning to the problems facing the social security today. Informed by the author's many years of expertise in the field, THe Pension Mountain is a major addition to the growing body of literature regarding the effect of global aging on social security
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 Aging in the United States and Japan written by Yukio Noguchi and published by University of Chicago Press. This book was released on 2008-04-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries. With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries and that, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.
Download or read book The Growing Gap in Life Expectancy by Income written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2015-09-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.
Download or read book Providing Healthy and Safe Foods As We Age written by Institute of Medicine and published by National Academies Press. This book was released on 2010-11-29 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does a longer life mean a healthier life? The number of adults over 65 in the United States is growing, but many may not be aware that they are at greater risk from foodborne diseases and their nutritional needs change as they age. The IOM's Food Forum held a workshop October 29-30, 2009, to discuss food safety and nutrition concerns for older adults.
Download or read book Social Security Programs and Retirement Around the World written by David A. Wise and published by University of Chicago Press. This book was released on 2017-06-02 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the retirement age for public pensions has increased across many countries, and additional increases are in progress or under discussion in many more. The seventh stage of an ongoing research project studying the relationship between social security programs and labor force participation, Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages explores people’s capacity to work beyond the current retirement age. It brings together an international team of scholars from twelve countries—Belgium, Canada, Denmark, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and the United States—to analyze this issue. Contributors find that many—but not all—individuals have substantial capacity to work at older ages. However, they also consider how policymakers might divide gains in life expectancy between years of work and retirement, as well as the main impediments to longer work life. They consider factors that influence the demand for older workers, as well as the evolution of health and disability status, which may affect labor supply from the older population.
Download or read book The Retirement Earnings Test written by and published by . This book was released on 1989 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Issues in Global Aging written by Frederick L Ahearn Jr and published by Routledge. This book was released on 2014-03-18 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gain a new perspective on the international implications of our aging population! This comprehensive book examines a broad array of international concerns in gerontology. Issues in Global Aging addresses the implications of the rapid growth in elderly populations in both the Third World and industrialized nations including the US, Israel, Pakistan, and the UK. It examines successful policy and programmatic approaches to dealing with the practical needs of older citizens for health care, pensions, work, and personal care. Issues in Global Aging brings together case studies, empirical research, and theoretical exploration of policies and services for the elderly around the world. It also considers the spiritual dimension of aging and the influence of various religious and cultural beliefs on gerontology policy and practice. Issues in Global Aging addresses urgent questions concerning the ever-increasing elderly population, including: what are the economic implications of the demographic shift toward an older population? who is responsible for caring for the elderly in various cultures? how can older people find economic security? how does spiritual practice give older people self-esteem and a sense of personal meaning? Issues in Global Aging is an essential source of fresh thought and useful research for gerontologists, social workers, policymakers, economists, and ministers who work with older people.
Download or read book Privatizing Social Security written by Martin Feldstein and published by University of Chicago Press. This book was released on 2008-04-15 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest
Download or read book Why Social Security written by Mary Ross and published by . This book was released on 1945 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security written by Larry W. DeWitt and published by CQ Press. This book was released on 2008 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Documentary History tells the story of the creation and development of the U.S. Social Security program through primary source documents, from its antecendents and founding in 1935, to the controversial issues of the present. This unique reference presents the complex history of Social Security in an accessible volume that highlights the program's major moments and events.
Download or read book Demography of Aging written by National Research Council and published by National Academies Press. This book was released on 1994-02-01 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the United States and the rest of the world face the unprecedented challenge of aging populations, this volume draws together for the first time state-of-the-art work from the emerging field of the demography of aging. The nine chapters, written by experts from a variety of disciplines, highlight data sources and research approaches, results, and proposed strategies on a topic with major policy implications for labor forces, economic well-being, health care, and the need for social and family supports.
Download or read book Aging Nation written by James H. Schulz and published by JHU Press. This book was released on 2008-05-15 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Schulz and Robert H.
Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
