What If Boomers Can't Retire?: How to Build Real Security, Not Phantom Wealth

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Berrett-Koehler Publishers, 2002 - BUSINESS & ECONOMICS - 288 pages
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When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing. This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services.
  

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What if boomers can't retire?: how to build real security, not phantom wealth

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Parker, who has worked for the Department of Commerce and the Executive Office of the President, focuses on retirement plans and investing in stocks to solve the ongoing Social Security problem. He ... Read full review

Contents

Gu1d1ng the Future
147
How to Change a Very Big System
211
Notes
231
About the Author
257
Copyright

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About the author (2002)

Parker has more than 45 years experience in finance and government. He lives in Washington, DC.

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