Get Free Shipping on orders over $79
Remaking Retirement : Debt in an Aging Economy - Olivia Mitchell

Remaking Retirement

Debt in an Aging Economy

By: Olivia Mitchell, Annamaria Lusardi

eText | 24 October 2020 | Edition Number 1

At a Glance

eText


$159.59

or 4 interest-free payments of $39.90 with

 or 

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

Around the world, people nearing and entering retirement are holding ever-greater levels of debt than in the past. This is not a benign situation, as many pre-retirees and retirees are stressed about their indebtedness. Moreover, this growth in debt among the older population may render retirees vulnerable to financial shocks, medical care bills, and changes in interest rates. Contributors to this volume explore key aspects of the rise in debt across older cohorts, drill down into the types of debt and reasons for debt incurred by the older population, and review policies to remedy some of the financial problems facing older persons, in the US and elsewhere. The authors explore which groups are most affected by debt and identify the factors producing this important increase in leverage at older ages. It is clear that the economic and market environment is influential when it comes to saving and debt. Access to easy borrowing, low interest rates, and the rising cost of education have had significant impacts on how much people borrow, and how much debt they carry at older ages. In this environment, the capacity to manage debt is ever more important as older workers lack the opportunity to recover from mistakes.

on
Desktop
Tablet
Mobile

More in Service Industries

Betrayal : The Life and Lies of Bernie Madoff - Andrew Kirtzman

eBOOK

Waiting : The True Confessions of a Waitress - Debra Ginsberg

eBOOK

Amazon.com : Get Big Fast - Robert Spector

eBOOK

Bistros of Paris - Robert Hamburger

eBOOK

Bradman's War - Malcolm Knox

eBOOK

$12.99

Meaningful Tourism : Strategies and Future Development - Pankaj Kumar Tyagi

eBOOK