The Economics of Aging, 7th Edition

Still the definitive book on the subject, this volume has been thoroughly revised to cover rapidly changing aspects of the economics of aging. It provides an in-depth examination of the nation's evolving private and public policies on retirement, pension, and health, including, for instance, the dramatic changes in employer-sponsored pensions. New attention is given to the retirement of baby boomers and the financial situation of older women, many of whom still live in poverty. Other topics added to this edition include the proposed new way of measuring poverty, new economic implications of demographic aging, the concept of `productive aging', an update on reverse annuity mortgages, hybrid pension plans and pension privatization, and current information on Social Security. This highly readable book is essential for everyone concerned with gerontology.

A thorough, rich, and current work, this book is the most comprehensive resource available for students, policymakers, researchers, human resource directors, and in short, all who have a personal or professional interest in the essential questions facing the growing aging population in the United States. It examines changes in retirement patterns, problems of older workers, and the complexity of retirement preparation, as well as pension plan health costs and all the programs affecting financial security.

This book is an outstanding summary of the most important economic issues that affect the elderly. Nowhere is there as complete and clear a description of the government programs that affect the elderly. The history, purpose, strengths and weaknesses, and summary statistics of the effects on the elderly are all presented clearly. Both sides of controversial issues are given fair coverage.Journal of the American Geriatrics Society (on previous edition)

Provides current, up-to-date information on a rapidly changing field.

Still the definitive book on the subject, this volume has been thoroughly revised to cover rapidly changing aspects of the economics of aging. It provides an in-depth examination of the nation's evolving private and public policies on retirement, pension, and health, including, for instance, the dramatic changes in employer-sponsored pensions. New attention is given to the retirement of baby boomers and the financial situation of older women, many of whom still live in poverty. Other topics added to this edition include the proposed new way of measuring poverty, new economic implications of demographic aging, the concept of `productive aging', an update on reverse annuity mortgages, hybrid pension plans and pension privatization, and current information on Social Security. This highly readable book is essential for everyone concerned with gerontology. A thorough, rich, and current work, this book is the most comprehensive resource available for students, policymakers, researchers, human resource directors, and in short, all who have a personal or professional interest in the essential questions facing the growing aging population in the United States. It examines changes in retirement patterns, problems of older workers, and the complexity of retirement preparation, as well as pension plan health costs and all the programs affecting financial security.

Includes bibliographical references (p. [325]-351) and index.

JAMES H. SCHULZ is Emeritus Professor of Economics, Brandeis University.

Preface

The Economic Status of the Aged

To Work or Not to Work

Retirement Planning

Social Security: Old Age and Survivors' Benefits

Social Security Financing: Who Pays? Who Should Pay?

Health, Disability, and SSI Benefits

What Role for Employer-Sponsored Pensions?

Population Aging: Generational Conflict?

Notes

Glossary

References