Rescuing Retirement by Tony James

Rescuing Retirement by Tony James

Rescuing Retirement offers a solution to one of America's biggest challenges--and a path to financial security for millions of retirees.

Over the next two decades, almost 10,000 Americans will reach retirement age every single day. They deserve to live their older years in dignity. Instead, they will experience a dramatic drop in their standard of living. Our country is on a path that will lead to rates of impoverishment for senior citizens not seen since the Great Depression.

The reality is America's retirement system is broken.

Rescuing Retirement charts a visionary, bipartisan, and surprisingly simple way to solve this problem:

• Every full-time worker can save enough for retirement.
• Retirement savings grow by earning higher rates of return.
• Everyone retires with guaranteed lifelong income for themselves and their spouse.
• The plan doesn't add a dime to the deficit, increase taxes, or create any new government infrastructure.

A better, smarter retirement future is possible. This book shows American workers, employers, and political leaders how to get there.