|
| When I'm Sixty-Four: The Plot against Pensions and the Plan to Save Them | 
 enlarge | Author: Teresa Ghilarducci
Publisher: Princeton University Press
Category: Book
List Price: $29.95
Buy New: $18.68
You Save: $11.27 (38%)
New (32) Used (8) from $17.91
Avg. Customer Rating:  8 reviews
Sales Rank: 67640
Media: Hardcover
Number Of Items: 1
Pages: 384
Shipping Weight (lbs): 1.5
Dimensions (in): 9.3 x 6.1 x 1.2
ISBN: 0691114315
Dewey Decimal Number: 331.2520973
EAN: 9780691114316
ASIN: 0691114315
Publication Date: May 18, 2008
Availability: Usually ships in 1-2 business days
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
|
| Customer Reviews:
| Showing reviews 6-8 of 8 | | « PREV | | |
 Worst Seller August 23, 2008
2 out of 7 found this review helpful
I had the displeasure of attempting to do business with this seller, SH. I have purchased many books from many sellers and SH is absolutely the worst I have ever seen. They never even shipped the book despite numerous emails to SH as to status of delivery information. I also had to go through much effort to cancel transaction. I see that another seller left feedback that their book was also never shipped. I would never atempt to do business with SH again. I also question Amazon having such a seller under its umbrella. Doesn't Amazon vet their sellers so problems like this can be foreseen and deal with by not allowing sellers like SH to sell books under the Amazon name? If no, shame on Amazon. DO NOT ATTEMPT TO BUY ANYTHING FROM SH UNLESS YOUR LIKE TO WASTE YOUR TIME.
 When I'm Sixty Four October 3, 2008
1 out of 5 found this review helpful
An excellent review of various types of retirement pensions (DB abd DC) including explanations of social security.
Ghilarducci's on target December 15, 2008
1 out of 1 found this review helpful
Book basher lives up to his or her name. I checked book basher's
complaints out. In fact, this book is written by a world-renowned
authority in retirement policy. One of her recent publications is in
what is unquestionably a major journal -- "Journal of Pension Economics and Finance." She is currently Professor of Economics and the Schwartz Chair in Economic Policy Analysis at the New School for Social Resarch. Just yesterday, Dec. 14, the New York Times magazine cited her plan for Guaranteed Retirement Account (GRA) as one of the best ideas in 2008. "Book basher"-- by the way why would someone raise themselves up with the identity of a destroyer?" -- made the classic mistake in evaluating the stock market's future by looking backward and choosing a thirty year period to make a judgment about stock market returns. Book basher forgets that what we know happened wasn't apparent before it happened. All professionals know that what was a sure thing looking backwards was a risky venture looking forward. The 30-year window is of absolutely no relevance for someone who works forty years and is left with no choice when approaching retirement age. There is no product on the market, nor can there ever be, that will pay a risk free rate of 3% PLUS inflation. Only the richest and most stable government on earth can guarantee that rate -- it is linked to the growth rate of the US economy -- over all lifetimes.
I agree, 70% of final income for retirement is not adequate for most
people. Ghilarducci says directly in her book that personal
responsibility is still required. All middle class people, and those who
have more income will have to save more than the 5% the GRA requires. The GRA plus Social Security is designed to give a middle class worker a 70% replacement rate. Face it, if we all want to retire on what we earn we will have to save about 10% of our income every month. At least this book tells it like it is and it has a lot of information about how we got this way.
|
|
|
Powered by Associate-O-Matic
| |
