Jeff Helms
4,84 MB
03 Nov 2008

Do you like to read books online? Read the Generation R : A Retirement Nation at Risk: How You Can Escape the Coming Retirement Crisis ebook online. With our site it is simple. Register and download books for free. Big choice!

I want you to imagine that you work at a lunch counter. On a typical day at lunchtime, there are a few dozen people milling about outside waiting for you to open the doors. Suppose you show up for work one day, and there are 12,000 people in line waiting for their lunch. You scramble to feed them all. The next day, those same 12,000 people arrive, but another 12,000 arrive with them. The third day, all 24,000 show up again, and another 12,000 are behind them. Imagine this pattern continues every day for 18 straight years. Welcome to the Retirement Revolution. The intersection of 79 million boomers retiring, longer life spans, rising health care costs, and troubled government and social programs will compromise the lifestyles of millions of Americans who believe a secure retirement is a birthright. Taking more personal responsibility for your retirement success is the only solution. Inside this book, you'll find the tools and the knowledge you need to succeed: Learn the 5 Key Risks everyone will face in retirement. Discover simple, common sense investment strategies any reader can master. Learn a RICHER Retirement Strategy with step by step tools you can use.

You absolutely need to adopt a shared-risk model to ensure the plan's long-term sustainability. I've said it before and I will say it again, the key to a successful pension plan is great governance and adopting a shared-risk model which spreads the risk across active and retired members.