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About this item
Highlights
- The retirement crisis facing America-and the road map for a way out-from The New York Times bestselling author of Origins of the Crash In the last several decades, corporations and local governments made ruinous pension and healthcare promises to American workers.
- About the Author: Roger Lowenstein, author of the bestselling Buffett: The Making of an American Capitalist and When Genius Failed: The Rise and Fall of Long-term Capital Management, reported for the Wall Street Journal for more than a decade and wrote the Journal's stock market column "Heard on the Street" and also its "Intrinsic Value" column.
- 288 Pages
- Business + Money Management, Personal Finance
Description
About the Book
From the bestselling author of "Buffett" and "Origins of the Crash" comes a wake-up call to the pension and retirement crisis facing America and the road map for a way out.Book Synopsis
The retirement crisis facing America-and the road map for a way out-from The New York Times bestselling author of Origins of the Crash In the last several decades, corporations and local governments made ruinous pension and healthcare promises to American workers. With these now coming due, they threaten to destroy twenty-first- century America's hopes for a comfortable retirement. With his trademark narrative panache, bestselling author Roger Lowenstein analyzes three fascinating case studies-General Motors, the New York City subway system, and the city of San Diego-each an object lesson and a compelling historical saga that illuminates how the pension crisis developed. Cumulative retirement deficits are approaching $1 trillion, and Lowenstein warns that these are only the first. Retirement pensions will continue to be a critical issue as the country ages, and While America Aged is the urgent call to action and prescription for reform.Review Quotes
" Financial journalist Roger Lowenstein uses the stories of three deeply encumbered institutions . . . as examples not only of the way most individual Americans conduct their personal finances, but also of how the country as a whole has long lived beyond its means. . . . Gripping."
-Phillip Longman, The Washington Post
About the Author
Roger Lowenstein, author of the bestselling Buffett: The Making of an American Capitalist and When Genius Failed: The Rise and Fall of Long-term Capital Management, reported for the Wall Street Journal for more than a decade and wrote the Journal's stock market column "Heard on the Street" and also its "Intrinsic Value" column. He now contributes articles and reviews to the Journal and the New York Times Magazine and is a columnist for SmartMoney Magazine. He lives in Westfield, New Jersey.Dimensions (Overall): 8.3 Inches (H) x 5.58 Inches (W) x .64 Inches (D)
Weight: .53 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 288
Genre: Business + Money Management
Sub-Genre: Personal Finance
Publisher: Penguin Books
Theme: Retirement Planning
Format: Paperback
Author: Roger Lowenstein
Language: English
Street Date: April 28, 2009
TCIN: 91951094
UPC: 9780143115380
Item Number (DPCI): 247-19-5040
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.64 inches length x 5.58 inches width x 8.3 inches height
Estimated ship weight: 0.53 pounds
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