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Perspectives on the Future of the Sociology of Aging


The dramatic growth in the percentage of the U.S. population that is older than the traditional retirement age of 65, for example, is placing an increasing strain on the federal budget that will almost certainly lead to changes in the Social Security and Medicare programs, such as increases in the age of eligibility and, perhaps, changes in benefit levels (see National Research Council and National Academy of Public Administration, 2010). Other changes, such as the move away from defined-benefit towards defined- contribution retirement plans, changes in some corporate and municipal pension plans as a result of market pressures, and the 2008 financial crisis precipitated by the crash of the housing market, all have economic implications for older people. They are also likely to make it more difficult for certain groups of future retirees to fund their retirements at the level that they had planned and would like.
Linda J. Waite - Personal Name
978-0-309-26245-3
NONE
Social Science
English
2012
1-201
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