Poised For Retirement

One woman's anxiety-ridden, yet life-affirming journey as she makes the decision of a lifetime: whether or not to retire.

For many, their retirement savings were obliterated by Wall Street's staggering decline combined with corporate greed, mismanaged retirement plans, and a broken retirement system. This perfect storm has left the next generation of retirees poised for financial chaos. Instead of living out one's golden years relaxing by the pool or traveling the globe, many will find retirement unattainable. For a growing number of Americans it will leave them living at or below the poverty line, barely able to afford basic living essentials. For this ever increasing number of Americans a retirement crisis doesn't just loom on the horizon, it has arrived, and brought with it disastrous implications. It begs the burning question of who wants to work their whole lives only to retire into poverty? Better still, it behooves us to understand how this happened and what we may still be able to do in order to resurrect our retirement plans.

"Written for baby-boomer "superwomen," who successfully combined career with family and now are nearing or newly in retirement. With humor and optimism, one of their own borrows from corporate reengineering strategy to propose a vision (with goals, objectives, strategies) for a successful retirement for both superwoman and her husband"--Provided by publisher.

This thought-provoking book looks at the potentially devastating effects of Baby Boomer retirements, predicts how our country will change, and provides actionable advice to help businesses weather the storm. The Boomer Retirement Time Bomb: How Companies Can Avoid the Fallout from the Coming Skills Shortage is a book for business leaders who want to stay ahead of the curve. A must-read for the 21st-century organization, it lays out challenges posed by a changing workforce and explains why we need to rethink assumptions about work and the workplace. More significantly, it provides practical, real-world strategies, best practices, and tactics for maximizing the opportunities that will accompany the coming demographic shift. Asserting that employers who play their cards right can reap tremendous rewards by tapping into the wisdom, maturity, and judgment of older workers, the book covers such topics as recruiting and (re)training these valuable employees. It looks at increased workplace flexibility and other means of helping retain older workers, and it explores how organizations can treat older workers as assets. Finally, it provides suggestions for developing a workplace that welcomes and accommodates the needs of an intergenerational workforce, providing work-life balance for every employee.

This book offers readers an invaluable study of Boomers as they march into retirement.

Four bills are pending in Congress to reduce the age at which reservists can begin to receive retirement benefits. This report provides input regarding these proposals and the broader issues surrounding reserve retirement reform. Although it is important to recognize that deferring some portion of compensation can be cost-effective, the results argue in favor of providing compensation on a current rather than a deferred basis.