Downhill from Here: Retirement Insecurity in the Age of Inequality

Reality. There’s no shortage of big issues to worry about from global climate change to terrorism. For a sober reality check on the inability of most Americans to ever stop working before death, read Katherine S. Newman’s book titled, Downhill from Here: Retirement Insecurity in the Age of Inequality. Most Americans over age 55 have no retirement savings. The financial crisis wiped out home equity for many. Social Security will cover a little over a third of pre-retirement income. Pensions have either been diminished or eliminated. What’s at the bottom of the hill of aging? Poverty. Newman tells a lot of personal stories that pack a wallop in this book, especially of those people who thought they were doing the right things and now face the reality that promises made to them have been broken. Readers interested in public policy, especially those who would like to retire one day should consider reading this book and gaining a sober reality check about the future. Rating: Four-star (I like it) Click here to purchase Downhill from Here from amazon.com.