Work, Retire, Repeat : The Uncertainty of Retirement in the New Economy - E.J. Dionne Jr.

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A damning portrait of the dire realities of retirement in the United States-and how we can fix it. While the French went on strike in 2023 to protest the increase in the national r etirement age, workers in the United States have all but given up on the notion of dignified retirement for all. Instead, Americans-whose elders face the highest risk of poverty compared to workers in peer nations-are fed feel-good stories about Walmart clerks who can finally retire because a customer raised the necessary funds through a GoFundMe campaign. Many argue that the solution to the financial straits of American retirement is simple: people need to just work longer. Yet this call to work longer is misleading in a multitude of ways, including its endangering of the health of workers and its discrimination against people who work in lower-wage occupations. In Work, Retire, Repeat, Teresa Ghilarducci tells the stories of elders locked into jobs-not because they love to work but because they must. But this doesn't need to be the reality. Work, Retire, Repeat shows how relatively low-cost changes to how we finance and manage retirement will allow people to truly choose how they spend their golden years. Show more