Description
Book SynopsisAs the first of the 'Baby Boom' generation reaches the age of 60, this unusually large cohort born 1946-66 are poised to redefine retirement - just as they have restructured educational, housing, and labor markets before. This is the first book-length study of this generation, and offers an invaluable guide to the issues for the retirement system.
Table of ContentsPART I: PROSPECTS FOR BABY BOOMER RETIREMENT ; Will Boomers Redefine Retirement? ; Cross-Cohort Differences in Retirement Expectations and Realizations ; The Sufficiency of Retirement Savings: Comparing Cohorts at the Time of Retirement ; Understanding Baby Boomers' Retirement Prospects ; PART II: CHANGING HEALTH STATUS AND HEALTH INSURANCE ; Are Boomers Living Well Longer? ; Baby Boomers vs Their Parents: Economic Well-Being and Health Status ; Cross-Cohort Differences in Heath on the Verge of Retirement ; Health Insurance Patterns Nearing Retirement ; PART III: NEW ROLES FOR RETIREMENT ASSETS ; The Impact of Pensions on Non-pension Investment Choices ; Measuring Pension Wealth ; Trends in Pension Values around Retirement ; Pension Portfolio Choice and Menu Exposure ; Saving Between Cohorts: The Role of Planning ; Retiring on the House? Cross-Cohort Differences in Housing Wealth
