Financial Security and Personal Wealth
- ISBN-10
- 0765802910
- ISBN-13
- 9780765802910
- Category
- Business & Economics
- Pages
- 249
- Language
- English
- Published
- 2005
- Publisher
- Transaction Pub
- Author
- Lewis D. Solomon
Description
America's elderly population is soaring, presenting numerous challenges for policymakers in the United States. Other developed nations with aging populations face similar problems. There will be fewer workers relative to retirees in coming decades and the elderly are also expected to live longer. The impact of these demographic changes in the United States is likely to be challenging, especially for America's system of social security. Solomon offers new perspectives on how to meet the future costs of social security without bankrupting the next generation or gravely damaging the U.S. economy. He also shows, more broadly, how to provide for the financial security of America's senior populations. Over the past two decades, primary responsibility for providing a financially adequate retirement has shifted from the federal government and employers to individuals. For most Americans, social security alone will not provide enough income. Most companies have shed their pension plans for 401(k) plans, to which companies and employees contribute, and in which participants must make their own investment decisions. Consequently, achieving financial security in retirement has increasingly become one's personal responsibility. Solomon deals extensively with the politics of social security, past and present. He examines the presidential leadership of Franklin D. Roosevelt and Ronald Reagan, both of whom revived the nation's spirit in times of crisis, both of whom introduced economic policies that remain controversial to the present day. He also considers in detail contemporary efforts to rethink social security, focusing on fundamental reform of the social security system and the expansion and simplification of employer-sponsored retirement plans and individual retirement arrangements. Richly textured, informed, and informative, Financial Security and Personal Wealth encompasses history, demography, political economy, public finance, social policy. It will be of interest to policymakers, economists, and political scientists in the United States and elsewhere. Lewis D. Solomon is Theodore Rinehart Professor of Business Law at George Washington University Law School. A prolific author on legal, business, public policy, and religious topics, he has written over fifty books and numerous articles. He is an ordained rabbi and interfaith minister.
Get the book
Other editions
Similar books
-
Personal Wealth: How to Save, Track, and Grow Your Money, to Achieve Financial Security, Independence, and Wealth
By Larry E. CraigThis book is easy to read and easy to understand. It is written so that the reader can establish their own personal wealth goals as they go along, and then start the necessary tracking and measuring to reach those goals.
-
Three Steps to Wealth & Financial Security: All That Glitters Isn't Gold
By Gary M. Laturno, Victoria K. Kuick"I recommend this book highly as one of the 10 most important 'must read' books published this year," Robert Plotkin, Founding President, World Trade Center San Diego. “Three Steps to Wealth & Financial Security – All That Glitters Isn ...
-
The Financial Security Bible: How to Build Wealth and Be Happy
By Mike SummeyThe first sentence explains Mike's feelings about sharing his knowledge. This book could easily be the best investment you will ever make. Mike Summey is an entrepreneur in the truest sense of the word.
-
Managing Your Personal Finances: How to Achieve Your Own Financial Security, Wealth and Independence
By John ClaxtonWritten in simple language, this guide to financial indepedence shows how to avoid debt, finance your home, prepare for possible incapacity or redundancy and finance your retirement including care in old age.
-
The Quality Life Plan: 7 Steps to Uncommon Financial Security
By Susan BoskeyIt aims to restore true wealth to middle-class Americans with uncomplicated, personal finance strategies based on the whole story about money.
-
How Lowering Your Taxes Can Create Massive Wealth
By J.D. RockefellerThe American dream, and probably the dream of all people in the modern world, is to make enough money to live a long and happy life in comfort and without stress or worry.
-
Family Inc.: Using Business Principles to Maximize Your Family's Wealth
By Douglas P. McCormickThis book takes a different track, giving you a crash course in corporate finance and the tools to apply the field's proven, time-tested principles in the context of your family's financial situation.
-
Make It Rain: Increase Your Wealth & Financial Security
By Vercie LarkLark is living proof that the American dream is alive and well, and that anyone can follow a simple plan to achieve massive wealth. Find out how to make it rain.
-
Personal Finance: 7 Steps to Effective Budgeting and Money Management to Build Personal Wealth
By , Lecturer School of Media & Communications Richard Stanton, Richard StantonWhen you purchase this improved 2nd Edition of Personal Finance: 7 Steps to Effective Budgeting and Money Management to Build Personal Wealth by Richard Stanton, you'll learn everything you need to know to dramatically improve your ...
-
Smart Women Finish Rich, Expanded and Updated
By David BachWhether you are just getting started in your investment life, looking to manage your money yourself, or work closely with a financial advisor, this book is your proven roadmap to the life you want and deserve.