Overview

"This book looks at the 78 million members of the ""baby boom"" generation who are beginning to retire. After many years of accumulating assets to spend in retirement, they now must decide how to convert these assets into a steady stream of income. Because of the trend away from defined benefit (DB) pensions to defined contribution (DC) plans, such as 401(k)plans, future retirees will be less likely to have a guaranteed stream of income from defined benefit pensions. Furthermore, while Social Security will provide a guaranteed income to most retirees, it will replace only a relatively small portion of their pre-retirement income."

Full Product Details

Author:   Terrance G Waverly
Publisher:   Nova Science Publishers Inc
Imprint:   Nova Science Publishers Inc
Dimensions:   Width: 26.00cm , Height: 1.30cm , Length: 18.00cm
Weight:   0.430kg
ISBN:  

9781607416968

ISBN 10:   1607416964
Pages:   128
Publication Date:   01 August 2010
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In stock  
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