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The Predictable Surprise – Unraveling the U.S. Retirement System | Oxford Scholarship Online
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The Predictable Surprise: Unraveling the U.S. Retirement System

Sylvester J. Schieber

Abstract

Social Security in the United States is in jeopardy, private pensions have fallen apart, and workers are trying to save on their own for retirement with the stock market in the worst shape since the Great Depression. This book shows that forewarnings of the coming retirement crisis have been apparent for decades, but we have never mustered the political will to address the problem. It explains how we have gotten into the retirement predicament and where we can go from here. It provides an insightful history of Social Security, pension plans, and other retirement options, highlighting both thei ... More

Keywords: private pensions, stock market, Great Depression, pension plans, retirement system, Social Security

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780199890958
Published to Oxford Scholarship Online: April 2015 DOI:10.1093/acprof:osobl/9780199890958.001.0001

Authors

Affiliations are at time of print publication.

Sylvester J. Schieber, author
Former Chairman, Social Security Advisory Board

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