Remaking Retirement: Debt in an Aging Economy (Pension Research Council Series) - Hardcover

9780198867524: Remaking Retirement: Debt in an Aging Economy (Pension Research Council Series)
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Mitchell, Olivia S. (EDT); Lusardi, Annamaria (EDT)
Published by Oxford University Press (2020)
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Published by Oxford University Press (2020)
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Published by Oxford University Press (2020)
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Published by Oxford University Press (2020)
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Mitchell, Olivia/ Lusardi, Annamaria
Published by Oxford Univ Pr (2020)
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Olivia Mitchell
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MITCHELL,LUSARDI
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Olivia Mitchell
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Book Description Hardcover. Condition: new. Hardcover. 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. Theauthors 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 isever more important as older workers lack the opportunity to recover from mistakes. Around the world, people nearing and entering retirement are holding ever-greater levels of debt. This volume explores key aspects of the rise in debt across older cohorts, drills down into the types of debt and reasons for debt incurred, and reviews policies to remedy some of the financial problems facing older persons, in the US and elsewhere. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780198867524

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Mitchell, Olivia S. (EDT); Lusardi, Annamaria (EDT)
Published by Oxford University Press (2020)
ISBN 10: 0198867522 ISBN 13: 9780198867524
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Olivia S. Mitchell, Annamaria Lusardi
ISBN 10: 0198867522 ISBN 13: 9780198867524
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