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Falling Short – The Coming Retirement Crisis and What to Do About It - Oxford Scholarship Online
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Falling Short: The Coming Retirement Crisis and What to Do About It

Charles D. Ellis, Alicia H. Munnell, and Andrew D. Eschtruth

Abstract

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 preretirement standard of living. The book provides both a vivid picture of the retirement risks facing all Americans and a short list of practical solutions that build on our existing retirement system. The book offers the necessary context for understanding the nature of the retirement income shortfall, which is caused by both increasing income needs—due to longer lifespans and rising health costs—and decreasing support from Social Security ... More

Keywords: retirement, health costs, lifespan, Social Security, retirement risks, retirement income, saving

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780190218898
Published to Oxford Scholarship Online: December 2014 DOI:10.1093/acprof:oso/9780190218898.001.0001

Authors

Affiliations are at time of print publication.

Charles D. Ellis, author
Former Director of the Board, The Vanguard Group, and Former Successor Trustee, Yale University

Alicia H. Munnell, author
Center for Retirement Research, Boston College

Andrew D. Eschtruth, author
Center for Retirement Research, Boston College

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