Download or read book Retirement Security Shorter Life Expectancy Reduces Projected Lifetime Benefits for Lower Earners written by United States. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-25 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: " An increase in average life expectancy for individuals in the United States is a positive development, but also requires more planning and saving to support longer retirements. At the same time, as life expectancy has not increased uniformly across all income groups, proposed actions to address the effects of longevity on programs and plan sponsors may impact lower-income and higher-income individuals differently. GAO was asked to examine disparities in life expectancy and the implications for retirement security. In this report, GAO examined (1) the implications of increasing life expectancy for retirement planning, and (2) the effect of life expectancy on the retirement resources for different groups, especially those with low incomes. GAO reviewed studies on life expectancy for individuals approaching retirement, relevant agency documents, and other publications; developed hypothetical scenarios to illustrate the effects of differences in life expectancy on projected lifetime Social Security retirement benefits for lower-income and higher-income groups based on analyses of U.S. Census Bureau and Social Security Administration (SSA) data; and interviewed SSA officials and various retirement experts.
Download or read book Retirement and Length of Life written by Chalmers Alexander McMahan and published by . This book was released on 1956 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Choices Changes written by G. Richard Ambrosius and published by Xlibris Corporation. This book was released on 2006-04-06 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in human history, the prospect of living a long, healthy and productive life has become a reality for the majority of people What was the privilege of the few has become the destiny of the many. Robert Butler, MD, Gerontologist Choices & Changes is offered as a guide on how to plan to get the most from lifes second halfnot how to plan to get the most from retirement. While you may think this is splitting hairs, you will come to realize how the words we use impact our perceptions, our self-image and ultimately our reality when planning for and experiencing the future. I have attempted to avoid the use of stereotypical terms like retiree, retirement, senior and other mindless terms often used to categorize millions of active, wise and responsible citizens (except when necessary to establish context.) I contend that how you choose to view the years ahead and your role in shaping that view will have a major impact on the quality and quite possibly the quantity of those years. Therefore, before discussing the elements of your life plan, it is important to spend some time talking about expectations, aspirations and the words we use when discussing and creating our plans. In order to communicate with one another, we use words first, to create categories in which we then place people and things; and then, to create criteria with which to distinguish between those categories (age, sex, nationality, race, religion, education, etc). As we do this, the categories ultimately (and often unconsciously) shape our world view. Retirement, for example, is a word stereotypically used to categorize that portion of life that occurs when one quits working and becomes old. As such, we tend to distinguish retirees from productive members of society. We then help others distinguish these people by creating categories to describe places where they gather (senior centers) or dwell (retirement communities, healthcare centers, assisted living communities or 50+ communities.) Retirement is that magical time of life when the focus somehow shifts from who you are and what you doto what you once did and who you used to be, as if all your experience is at once inaccessible to the person youve become How does this type of prejudice occur? Where does it come from? Lets examine the word. Various dictionaries offer multiple definitions of the word retirement: To go away, retreat or withdraw to a private, sheltered or secluded place To go to bed To give ground as in battle, retreat, withdraw To give up ones work, business, or career especially because of advancing age To move back or away or seem to do so You probably have noticed most of these definitions focus on quitting, going away, withdrawing from or giving up. Retirement implies that your self worth and your worth to society are a thing of the past. Such an implication is negative, unfounded and dangerous to ones health. It is fine to retire for the evening; but it is not fine to retire from life simply because of some mindless designation. While retirement may have been an appropriate descriptor of later life during the industrial age, when very few people lived into their 60s and 70s, the term is no longer relevant when applied to todays active, healthy and well-educated older adults. Perhaps it is time to retire words like retirement, retired or retiree when referring to people in lifes second half, just as we have retired other words used to categorize and demean minorities and women over the years. I have been railing a
Download or read book What Retirees Want written by Ken Dychtwald and published by John Wiley & Sons. This book was released on 2020-07-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Dychtwald and Morison offer a brilliant and convincing perspective: an essential re-think of what 'aging' and 'retirement' mean today and an invitation to help mobilize the best in the tidal wave of Boomer Third Agers." —Daniel Goleman, PhD, Author, Emotional Intelligence: Why It Can Matter More Than IQ Throughout 99 percent of human history, life expectancy at birth was less than 18 years. Few people had a chance to age. Today, thanks to extraordinary medical, demographic, and economic shifts, most of us expect to live long lives. Consequently, the world is witnessing a powerful new version of retirement, driven by the power and needs of the Baby Boomer generation. Consumers over age 50 account for more than half of all spending and control more than 70% of our total net worth – yet are largely ignored by youth-focused marketers. How will work, family, and retirement be transformed to accommodate two billion people over the age of 60 worldwide? In the coming years, we'll see explosive business growth fueled by this unprecedented longevity revolution. What Retirees Want presents the culmination of 30 years of research by world-famous "Age Wave" expert Ken Dychtwald, Ph.D., and author and consultant Robert Morison. It explains how the aging of the Baby Boomers will forever change our lives, businesses, government programs, and the consumer marketplace. This exciting new stage of life, the "Third Age," poses daunting questions: What will "old" look like in the years ahead? With continued advances in longevity, all of the traditional life-stage markers and boundaries will need to be adjusted. What new products and services will boom as a result of this coming longevity revolution? What unconscious ageist marketing practices are hurting people – and business growth? Will the majority of elder boomers outlive their pensions and retirement savings and how can this financial disaster be prevented? What incredible new technologies of medicine, life extension, and human enhancement await us in the near future? What purposeful new roles can we create for elder boomers so that the aging nations of the Americas, Europe, and Asia capitalize on the upsides of aging? Which pioneering organizations and companies worldwide have created marketing strategies and programs that resonate with the quirky and demanding Boomer generation? In this entertaining, thought-provoking, and wide-ranging book, Dychtwald and Morison explain how individuals, businesses, non-profits, and governments can best prepare for a new era – where the needs and demands of the "Third Age" will set the lifestyle, health, social, marketplace, and political priorities of generations to come.
Download or read book Life Expectancy and Retirement Behavior written by Michael Schoenbaum and published by . This book was released on 1995 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Individual retirement arrangements IRAs written by United States. Internal Revenue Service and published by . This book was released on 1990 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Life Expectancy It s Never Too Late to Change Your Game written by William Keiper and published by FirstGlobal Media LLC. This book was released on 2014-01-17 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Life Expectancy scared me, then woke me up, and then excited me about my future. This book is the manifesto of the Boomer generation. Author William Keiper does not spare us our mortality, our ignorance, our insolvency, our laziness, our immaturity, or our lack of imagination. This truth hurts. But it is the very truth that can set our generation free." Steve Chandler, author of Time Warrior The American economic game and the associated stakes have substantially changed over the past couple of years. With seventy-plus million children of the baby boom years moving through the age of sixty-five, many of us find ourselves in a precarious situation at just the "wrong" time in our lives. We are facing the new NON-RETIREMENT. If we don't wake up to the new reality and do it soon, at some point in the not too distant future we could be blindsided by learning how insecure our futures could be. Those who can grasp the significance of the shift that has occurred and who can take purposeful and timely actions in response to it; will get the best of the available options. Life Expectancy delivers the truth for those in the boomer generation who assumed they could be passive non-participants in life for their last twenty or so years. This book is for those who have decided that the continuation of the status quo can't or won't be tolerated. And like so many before, this kind of disruptive environment holds significant opportunities to thrive. Even if everything is going well for you at the moment, if you haven't changed your approach in a while, that is a good reason to do it. It is never too late to be more proactive in the creation that is the rest of your life.
Download or read book Factors Affecting Life Expectancy in a Retirement Community written by Stanley Alvin Edlavitch and published by . This book was released on 1974 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How the Growing Gap in Life Expectancy May Affect Retirement Benefits and Reforms written by Alan J. Auerbach and published by . This book was released on 2017 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Older Americans have experienced dramatic gains in life expectancy in recent decades, but an emerging literature reveals that these gains are accumulating mostly to those at the top of the income distribution. We explore how growing inequality in life expectancy affects lifetime benefits from Social Security, Medicare, and other programs and how this phenomenon interacts with possible program reforms. We first project that life expectancy at age 50 for males in the two highest income quintiles will rise by 7 to 8 years between the 1930 and 1960 birth cohorts, but that the two lowest income quintiles will experience little to no increase over that time period. This divergence in life expectancy will cause the gap between average lifetime program benefits received by men in the highest and lowest quintiles to widen by $130,000 (in $2009) over this period. Finally we simulate the effect of Social Security reforms such as raising the normal retirement age and changing the benefit formula to see whether they mitigate or enhance the reduced progressivity resulting from the widening gap in life expectancy.
Download or read book Future Directions for the Demography of Aging written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-07-21 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost 25 years have passed since the Demography of Aging (1994) was published by the National Research Council. Future Directions for the Demography of Aging is, in many ways, the successor to that original volume. The Division of Behavioral and Social Research at the National Institute on Aging (NIA) asked the National Academies of Sciences, Engineering, and Medicine to produce an authoritative guide to new directions in demography of aging. The papers published in this report were originally presented and discussed at a public workshop held in Washington, D.C., August 17-18, 2017. The workshop discussion made evident that major new advances had been made in the last two decades, but also that new trends and research directions have emerged that call for innovative conceptual, design, and measurement approaches. The report reviews these recent trends and also discusses future directions for research on a range of topics that are central to current research in the demography of aging. Looking back over the past two decades of demography of aging research shows remarkable advances in our understanding of the health and well-being of the older population. Equally exciting is that this report sets the stage for the next two decades of innovative researchâ€"a period of rapid growth in the older American population.
Download or read book Explaining Divergent Levels of Longevity in High Income Countries written by National Research Council and published by National Academies Press. This book was released on 2011-06-27 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last 25 years, life expectancy at age 50 in the United States has been rising, but at a slower pace than in many other high-income countries, such as Japan and Australia. This difference is particularly notable given that the United States spends more on health care than any other nation. Concerned about this divergence, the National Institute on Aging asked the National Research Council to examine evidence on its possible causes. According to Explaining Divergent Levels of Longevity in High-Income Countries, the nation's history of heavy smoking is a major reason why lifespans in the United States fall short of those in many other high-income nations. Evidence suggests that current obesity levels play a substantial part as well. The book reports that lack of universal access to health care in the U.S. also has increased mortality and reduced life expectancy, though this is a less significant factor for those over age 65 because of Medicare access. For the main causes of death at older ages-cancer and cardiovascular disease-available indicators do not suggest that the U.S. health care system is failing to prevent deaths that would be averted elsewhere. In fact, cancer detection and survival appear to be better in the U.S. than in most other high-income nations, and survival rates following a heart attack also are favorable. Explaining Divergent Levels of Longevity in High-Income Countries identifies many gaps in research. For instance, while lung cancer deaths are a reliable marker of the damage from smoking, no clear-cut marker exists for obesity, physical inactivity, social integration, or other risks considered in this book. Moreover, evaluation of these risk factors is based on observational studies, which-unlike randomized controlled trials-are subject to many biases.
Download or read book Life and Death Planning for Retirement Benefits written by Natalie B. Choate and published by . This book was released on 1996 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retirement Life Plan written by Pauline Johnson-Zielonka and published by . This book was released on 2018-01-10 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: So you're thinking about retirement or already retired. What does that mean anyway? What can you expect from retirement? Retirement represents a unique chapter in life. It promises many benefits, such as the freedom to do what you want, when you want. However, it may also pose some challenges as you exit the working life that you know so well. For those who have enjoyed a rewarding career, the prospect of retirement may come with mixed emotions. Is this really right for me? Will I get bored? Will I miss work? How will I fill my time? This book is about the personal, life changes that may be encountered as you contemplate, prepare for, and adjust to life in retirement. It will help you consider what a fulfilling retirement means to you, personally, and create a long-term vision for it. For instance, what will you do after traveling in the early part of retirement? The book explores four general aspects of the retirement transition, including identity-related adjustments, activities that provide a sense of meaning and reward, relationship and social network changes, and finding a balance between being overly busy or bored.
Download or read book Life After Work written by Douglas S. Fletcher and published by Douglas Fletcher. This book was released on 2007-02-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you are planning to retire, newly retired, long retired, or wishing you never retired, this book offers insights into the retirement process. You will learn the phases of retirement and transitions required to overcome career losses.
Download or read book Reports 03 written by London Saint Thomas's Hospital and published by Palala Press. This book was released on 2018-02-20 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The 60 Something Crisis written by Barbara L. Pagano and published by Rowman & Littlefield. This book was released on 2022-08-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Circumvent the tired and conventional approaches of finding purpose, passion, or happiness to discover a path of fulfillment after 60 by pursuing desires, mastering risk-taking, and expanding horizons with confidence. The crisis of unfulfilled lives unfolds gradually, often with acquiesced boredom and a flimsy search for purpose. Our relevancy comes into question, or we succumb to the idea that the future will be one of slow-moving ambition and then an even slower glide into comfort as the flush of freedom fades. We can change this outcome if we want to. We should want to. The 60-Something Crisis: How to Live an Extraordinary Life in Retirement (a 2023 Nautilus Book Award winner) is the first book to circumvent the tired and conventional approaches of finding purpose, passion, or happiness, or using reinvention to discover a path of fulfillment after 60. It presents a clear, practical framework through four portals—geography of place, yield, kinship, and freedom—to navigate and support future well-being and happiness. Readers will learn how to pursue desires, not roadmaps, to increase self-confidence and master risk-taking, and will discover the power and potential of investing in themselves at this time of life. Barbara L. Pagano provides the foundation for taking on or taking back late-stage growth and shifts the conversation from “What’s next?” to “What do I need to know, what do I need to do now, and how soon can I get started?” This book is more than happy talk. Pre-retirees on the brink of a major life transition or retirees who want more from life will find themselves pulled toward a higher target of well-being that endures. Mature adults, now novices in an unfamiliar, uncharted landscape, will welcome a smart, well-written, practical, and poignant guide to hustle them forward, anchored in an award-winning author’s deeply personal experience, well-researched content, and over 200 interviews with retirees and pre-retires. The 60-Something Crisis offers a powerful message for the last third of life.
