Retirement – From Brutish To A Brouhaha: Shifting Winds And The Demographic Payback
Retirement - From Brutish To A Brouhaha: Shifting Winds And The Demographic Payback by Michael Aked, Research Affiliates
Key Points
- The obvious remedies (e.g., higher taxes, higher savings rates) for the problems related to a rapidly falling worker-to-retiree support ratio are unlikely to be embraced by U.S. constituencies, leaving governments’ and corporations’ abrogation of their pension promises to retirees as the most likely future scenario.
- Using the more complex lifetime savings models as a . . .
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