Social Insecurity 401(k)s and the Retirement Crisis

Name: Social Insecurity 401(k)s and the Retirement Crisis
Price: 4.53 USD
Availability: InStock
ISBN: 9780807014707

ISBN-10: 0807014702

ISBN-13: 9780807014707

Edition: 2015

Authors: James W. Russell

List price: $23.00

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Description:

How 401(k)s have gutted retirement security, from charging exorbitant hidden fees to failing to replace the income of traditional pensionsNamed one of PW's Top 10 for Business & Economics A retirement crisis is looming. In 2008, as the 401(k) fallout rippled across the country, horrified holders watched 25 percent of their funds evaporate overnight. Average 401(k) balances for those approaching retirement are too small to generate more than $4,000 in annual retirement income, and experts predict that nearly half of middle-class workers will be poor or near poor in retirement. But long before the recession, signs were mounting that few people would ever be able to accumulate enough wealth on…

Book details

List price: $23.00
Copyright year: 2015
Publisher: Beacon Press
Publication date: 4/7/2015
Binding: Paperback
Pages: 224
Size: 6.00" wide x 8.99" long x 0.65" tall
Weight: 0.748
Language: English

James W. Russell is University Professor of Sociology and directs the Latin American Studies Program at Eastern Connecticut State University. He was formerly Fulbright Research Professor at the North America Research Center of the Universidad Nacional Autï¿½noma de Mï¿½xico in Mexico City. He is the author of six books, including Double Standard: Social Policy in Europe and the United States (2006: Rowman and Littlefield) and Societies and Social Life: An Introduction to Sociology (2009: Sloan Publishing).