Working Longer: the solution to the retirement income challenge

By: Munnell, Alicia H.

Daily headlines warn American workers that their retirement years may be far from golden. The average worker needs more retirement income than ever, due to increased life expectancy and soaring health care costs. But the main components of the retirement income system—Social Security and employer-provided pensions—are on the decline. What’s more, fewer employers are providing retiree health insurance, forcing households to purchase their own coverage or do without.

Working Longer investigates the prospects for moving the average retirement age from 63, the current figure, to 66. The authors ask whether future generations of workers will be healthy enough to work beyond the current retirement age, as well as whether older men and women are willing to do so. They examine companies’ incentives to employ older workers and ask what government can do to promote continued participation in the workforce. Finally, they consider the challenge of ensuring a secure retirement for low-wage workers and those who are unable to continue to work. (http://www.brookings.edu/press/Books/2008/workinglonger.aspx)

Disponible en la BAE: HD 6280 .M86 2008