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Reinventing the Retirement Paradigm
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Reinventing the Retirement Paradigm

Robert L. Clark and Olivia S. Mitchell

Abstract

This book explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will not be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behaviour and policy a moving target. This book explores these themes, touching on a diverse set of issues ranging from employment trends to pension accou ... More

Keywords: pension costs, healthcare costs, aging workforce, retirement consumption, saving rates, employment trends, pension accounting

Bibliographic Information

Print publication date: 2005 Print ISBN-13: 9780199284603
Published to Oxford Scholarship Online: February 2006 DOI:10.1093/0199284601.001.0001

Authors

Affiliations are at time of print publication.

Robert L. Clark, editor
Professor of Business Management and Economics, North Carolina State University
Author Webpage

Olivia S. Mitchell, editor
International Foundation of Employee Benefit Plans Professor of Insurance and Risk Management, the Executive Director of the Pension Research Council, and the Director of the Boettner Center on Pensions and Retirement Research at the Wharton School
Author Webpage

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