The Pension Research Council
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PRC Book

Reinventing the Retirement Paradigm

Robert L. Clark and Olivia S. Mitchell, Editors

This newest book in the Pension Research Council series explores how rising pension and healthcare costs, along with workforce aging, are affecting pension and retirement planning around the world. Many middle-aged workers now realize that they will have to work longer than intended, as they begin to recognize that their retirement resources will be inadequate to finance retirement consumption. Volatile capital markets, rising medical-care costs, and low saving rates make retirement behavior and policy a moving target.

August 2005 · Oxford University Press · ISBN 0-19-928460-1