Downhill from here: retirement insecurity in the age of inequality
(Book)

Book Cover
Average Rating
Published:
New York : Metropolitan Books/Henry Holt and Company, 2019.
Format:
Book
Edition:
First edition.
Physical Desc:
322 pages : illustrations ; 25 cm
Status:
East Hampton Adult Nonfiction
332.65 NEW
Description

"As millions of Baby Boomers reach their golden years, the state of retirement in America is little short of a disaster. Nearly half the households with people aged 55 and older have no retirement savings at all. The real estate crash wiped out much of the home equity that millions were counting on to support their retirement. And the typical Social Security check covers less than 40% of pre-retirement wages--a number projected to drop to under 28% within two decades. Old-age poverty, a problem we thought was solved by the New Deal, is poised for a resurgence. With dramatic statistics and vivid portraits, acclaimed sociologist Katherine S. Newman shows that the American retirement crisis touches us all, cutting across class lines and generational divides. White-collar managers have seen retirement benefits vanish; Teamsters have had their pensions cut in half; bankrupt cities like Detroit have walked away from their commitments to municipal workers. And for Generation X, the prospects are even worse: a fifth of them expect to never be able to retire. Only the vaunted "one percent" can face retirement without fear." --

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332.65 NEW
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Language:
English
ISBN:
9781250119469

Notes

Bibliography
Includes bibliographical references ([267]-306) and index.
Description
"As millions of Baby Boomers reach their golden years, the state of retirement in America is little short of a disaster. Nearly half the households with people aged 55 and older have no retirement savings at all. The real estate crash wiped out much of the home equity that millions were counting on to support their retirement. And the typical Social Security check covers less than 40% of pre-retirement wages--a number projected to drop to under 28% within two decades. Old-age poverty, a problem we thought was solved by the New Deal, is poised for a resurgence. With dramatic statistics and vivid portraits, acclaimed sociologist Katherine S. Newman shows that the American retirement crisis touches us all, cutting across class lines and generational divides. White-collar managers have seen retirement benefits vanish; Teamsters have had their pensions cut in half; bankrupt cities like Detroit have walked away from their commitments to municipal workers. And for Generation X, the prospects are even worse: a fifth of them expect to never be able to retire. Only the vaunted "one percent" can face retirement without fear." -- ,From goodreads.com.
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Citations
APA Citation (style guide)

Newman, K. S. (2019). Downhill from here: retirement insecurity in the age of inequality. First edition. New York, Metropolitan Books/Henry Holt and Company.

Chicago / Turabian - Author Date Citation (style guide)

Newman, Katherine S., 1953-. 2019. Downhill From Here: Retirement Insecurity in the Age of Inequality. New York, Metropolitan Books/Henry Holt and Company.

Chicago / Turabian - Humanities Citation (style guide)

Newman, Katherine S., 1953-, Downhill From Here: Retirement Insecurity in the Age of Inequality. New York, Metropolitan Books/Henry Holt and Company, 2019.

MLA Citation (style guide)

Newman, Katherine S. Downhill From Here: Retirement Insecurity in the Age of Inequality. First edition. New York, Metropolitan Books/Henry Holt and Company, 2019.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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Grouped Work ID:
15819162-fc11-482e-6d38-62ca3abe5eda
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Record Information

Last Sierra Extract TimeApr 10, 2024 06:02:09 PM
Last File Modification TimeApr 10, 2024 06:02:28 PM
Last Grouped Work Modification TimeApr 10, 2024 06:02:15 PM

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