Retirement and Its Discontents

Retirement and Its Discontents PDF Author: Michelle Pannor Silver
Publisher: Columbia University Press
ISBN: 0231547927
Category : Social Science
Languages : en
Pages : 336

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Book Description
In the popular imagination, retirement promises a well-deserved rest—idle days spent traveling, volunteering, pursuing hobbies, or just puttering around the house. But as the nature of work has changed, becoming not just a means of income but a major source of personal identity, many accomplished professionals struggle with discontentment in their retirement. What are we to do—individually and as a culture—when work and life experience make conventional retirement a burden rather than a reprieve? In Retirement and Its Discontents, Michelle Pannor Silver considers how we confront the mismatch between idealized and actual retirement. She follows doctors, CEOs, elite athletes, professors, and homemakers during their transition to retirement as they struggle to recalibrate their sense of purpose and self-worth. The work ethic and passion that helped these retirees succeed can make giving in to retirement more difficult, as they confront newfound leisure time with uncertainty and guilt. Drawing on in-depth interviews that capture a range of perceptions and common concerns about what it means to be retired, Silver emphasizes the significance of creating new retirement strategies that support social connectedness and personal fulfillment while countering ageist stereotypes about productivity and employment. A richly detailed and deeply personal exploration of the challenges faced by accomplished retirees, Retirement and Its Discontents demonstrates the importance of personal identity in forging sustainable social norms around retirement and helps us to rethink some of the new challenges for aging societies.

Retirement and Its Discontents

Retirement and Its Discontents PDF Author: Michelle Pannor Silver
Publisher: Columbia University Press
ISBN: 0231547927
Category : Social Science
Languages : en
Pages : 336

Get Book Here

Book Description
In the popular imagination, retirement promises a well-deserved rest—idle days spent traveling, volunteering, pursuing hobbies, or just puttering around the house. But as the nature of work has changed, becoming not just a means of income but a major source of personal identity, many accomplished professionals struggle with discontentment in their retirement. What are we to do—individually and as a culture—when work and life experience make conventional retirement a burden rather than a reprieve? In Retirement and Its Discontents, Michelle Pannor Silver considers how we confront the mismatch between idealized and actual retirement. She follows doctors, CEOs, elite athletes, professors, and homemakers during their transition to retirement as they struggle to recalibrate their sense of purpose and self-worth. The work ethic and passion that helped these retirees succeed can make giving in to retirement more difficult, as they confront newfound leisure time with uncertainty and guilt. Drawing on in-depth interviews that capture a range of perceptions and common concerns about what it means to be retired, Silver emphasizes the significance of creating new retirement strategies that support social connectedness and personal fulfillment while countering ageist stereotypes about productivity and employment. A richly detailed and deeply personal exploration of the challenges faced by accomplished retirees, Retirement and Its Discontents demonstrates the importance of personal identity in forging sustainable social norms around retirement and helps us to rethink some of the new challenges for aging societies.

Rescuing Retirement

Rescuing Retirement PDF Author: Teresa Ghilarducci
Publisher: Columbia Business School Publi
ISBN: 9780231185646
Category : Business & Economics
Languages : en
Pages : 166

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Book Description
In Rescuing Retirement, Teresa Ghilarducci and Tony James offer a comprehensive yet simple plan to help workers save for retirement, increase retirement savings by earning higher returns, and guarantee lifelong income for everyone. It offers a practical guide to the future of secure retirement.

Retirement

Retirement PDF Author: Gary A. Adams
Publisher: Springer Publishing Company
ISBN: 9780826120540
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
For students, researchers, and practitioners in such fields as gerontology, industrial and organizational psychology, and human resources management, contributors from those fields synthesize the current literature on retirement and suggest areas for future research and practice. The sections cover before retirement, deciding to retire, and after retirement. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).

Social Security Programs and Retirement around the World

Social Security Programs and Retirement around the World PDF Author: Courtney C. Coile
Publisher: University of Chicago Press
ISBN: 022661929X
Category : Business & Economics
Languages : en
Pages : 347

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Book Description
In developed countries, men’s labor force participation at older ages has increased in recent years, reversing a decades-long pattern of decline. Participation rates for older women have also been rising. What explains these patterns, and the differences in them across countries? The answers to these questions are pivotal as countries face fiscal and retirement security challenges posed by longer life-spans. This eighth phase of the International Social Security project, which compares the social security and retirement experiences of twelve developed countries, documents trends in participation and employment and explores reasons for the rising participation rates of older workers. The chapters use a common template for analysis, which facilitates comparison of results across countries. Using within-country natural experiments and cross-country comparisons, the researchers study the impact of improving health and education, changes in the occupation mix, the retirement incentives of social security programs, and the emergence of women in the workplace, on labor markets. The findings suggest that social security reforms and other factors such as the movement of women into the labor force have played an important role in labor force participation trends.

Faculty Retirement

Faculty Retirement PDF Author: Jean McLaughlin
Publisher: Taylor & Francis
ISBN: 1000980030
Category : Education
Languages : en
Pages : 173

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Book Description
Co-published with ACE.This book addresses the critical and looming issue of retirement in higher education as the cohort of boomer generation faculty come to the close of their careers. On the one hand institutions need to replenish themselves, and so need older employees to retire. On the other, mass retirements can decimate departments, creating the need for mass hirings that will create another crisis in the future.At the same time, with the elimination of mandatory retirement, many faculty are working on into and beyond their seventies because they feel they still have much to contribute, because their identities are closely tied to their work, because they wish to remain connected to their institutions, or for financial reasons. Given institutions’ legal constraints and planning exigencies, and faculties’ varied motivations, what are the options that can satisfy the needs of both parties? This book presents a range of examples of how institutions of all types and sizes are addressing these dilemmas, and how faculty members have helped create or shape policies that address their needs and allow them to continue to play meaningful roles at their institutions.The contributors describe practices that address the concerns of those already nearing or in retirement, propose approaches to creating opportunities to start these sensitive discussions and address financial planning at early career stages, and outline strategies for developing clear structures and policies and communication so that individuals have a full understanding of their options as they make life-changing decisions. This book presents models from fifteen colleges and universities identified by the American Council on Education through a competition for having developed innovative and effective ways to help faculty transition into retirement. It offers clear messages about the need for greater transparency in addressing retirement and transitions, for better communication, and for close coordination between human resources and academic administrators. It offers a roadmap for HR personnel, senior administrators, department chairs, and faculty themselves.

Financial Literacy

Financial Literacy PDF Author: Olivia S. Mitchell
Publisher: Oxford University Press
ISBN: 0199696810
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
As defined contribution pensions become prevalent, retirees are increasingly responsible for managing their own pension assets and thus their own financial literacy becomes crucial. Based on empirical evidence and new research, the book examines how financial literacy enhances retirement decision-making in ever more complex financial markets.

Social Security Programs and Retirement around the World

Social Security Programs and Retirement around the World PDF Author: Axel Börsch-Supan
Publisher: University of Chicago Press
ISBN: 0226836363
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
A global analysis of the effects of social security reforms on the retirement incentives and labor force trends of older workers. Employment among older men and women has increased dramatically in recent years, reversing a downward trend in the closing decades of the twentieth century. Social Security Programs and Retirement around the World examines how changing retirement incentives have reshaped labor force participation trends among older workers. The chapters feature country-specific analyses for Belgium, Canada, Denmark, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, the United Kingdom, and the United States. They find that while there is significant heterogeneity across countries, the reforms of recent decades have generally reduced the implicit tax on work at older ages. These changes correlate positively with labor force participation. The studies exploit the variation in the timing and extent of reforms of retirement incentives and employ microeconometric methods to investigate whether this correlation reflects a causal relationship. Policy changes appear to have contributed to rising labor force activity, but other factors like the role of women in the labor force, improved health, and changes in private pensions likely also play important roles.

Ending Mandatory Retirement for Tenured Faculty

Ending Mandatory Retirement for Tenured Faculty PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309044987
Category : Social Science
Languages : en
Pages : 168

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Book Description
The proportion of older faculty is increasing nationwide. This book offers guidance not only for dealing with the elimination of mandatory retirement in higher education but also for current retirement-related issues facing all colleges and universities. Ending Mandatory Retirement addresses such questions as: Do the special circumstances of higher education warrant the continuation of mandatory retirement? How would an increase in the number of older faculty affect individual colleges and universities and their faculty members? Where there are undesirable effects, what could be done to minimize them? The book contains analyses of early retirement programs, faculty performance evaluation practices, pension and benefit policies, tenure policies, and faculty ages and retirement patterns.

Faculty Retirement in the Arts and Sciences

Faculty Retirement in the Arts and Sciences PDF Author: Albert Rees
Publisher: Princeton University Press
ISBN: 1400862469
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
In 1986 the Age Discrimination in Employment Act (ADEA) was amended to abolish mandatory retirement for tenured faculty members in colleges and universities effective January 1, 1994. Will this "uncapping" of the retirement age adversely affect the vitality of academic departments or the prospects of advancement for younger scholars? In a definitive study of faculty retirement in the arts and sciences, Albert Rees and Sharon Smith seek to answer this question. Basing their conclusions on original data collected from thirty-three colleges and universities, they do much to resolve an issue that is a frequent subject of discussion in the academic world and in the press. Rees and Smith reveal that the ending of mandatory retirement will have much smaller effects than those generally anticipated--so small that there is no justification for efforts to have Congress continue exempting faculty members from the ADEA past 1994, the date that the exemption is now due to expire. In addition to their data on retirement patterns, the authors make use of surveys of senior faculty and retired faculty to explore attitudes toward retirement. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Social Security Programs and Retirement Around the World

Social Security Programs and Retirement Around the World PDF Author: David A. Wise
Publisher: University of Chicago Press
ISBN: 022644287X
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
In recent years, the retirement age for public pensions has increased across many countries, and additional increases are in progress or under discussion in many more. The seventh stage of an ongoing research project studying the relationship between social security programs and labor force participation, Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages explores people’s capacity to work beyond the current retirement age. It brings together an international team of scholars from twelve countries—Belgium, Canada, Denmark, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, the United Kingdom, and the United States—to analyze this issue. Contributors find that many—but not all—individuals have substantial capacity to work at older ages. However, they also consider how policymakers might divide gains in life expectancy between years of work and retirement, as well as the main impediments to longer work life. They consider factors that influence the demand for older workers, as well as the evolution of health and disability status, which may affect labor supply from the older population.