Alicia H Munnell: 3 books

In the wake of the financial crisis and Great Recession, the health of state and local pension plans has emerged as a front burner policy issue. Elected officials, academic experts, and the media alike have pointed to funding shortfalls with alarm, expressing concern that pension promises are unsustainable...

Daily headlines warn American workers that their retirement years may be far from golden. The main components of the retirement income system-Social Security and employer-provided pensions and health insurance-are in decline while the amount of income needed for a comfortable retirement continues...

The United States faces a serious retirement challenge. Many of today's workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement. Solving the problem is a major challenge in today's environment in which risk and responsibility have shifted from...