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OverviewThis book looks at the 78 million members of the ""baby boom"" generation who are beginning to retire. After many years of accumulating assets to spend in retirement, they now must decide how to convert these assets into a steady stream of income. Because of the trend away from defined benefit (DB) pensions to defined contribution (DC) plans, such as 401(k)plans, future retirees will be less likely to have a guaranteed stream of income from defined benefit pensions. Furthermore, while Social Security will provide a guaranteed income to most retirees, it will replace only a relatively small portion of their pre-retirement income. Full Product DetailsAuthor: Terrance G WaverlyPublisher: Nova Science Publishers Inc Imprint: Nova Science Publishers Inc Dimensions: Width: 26.00cm , Height: 1.30cm , Length: 18.00cm Weight: 0.430kg ISBN: 9781607416968ISBN 10: 1607416964 Pages: 128 Publication Date: 01 August 2010 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Available To Order ![]() We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsPreface; The Trajectory of Wealth in Retirement; Converting Retirement Savings into Income: Annuities & Periodic Withdrawals; Will the Demand for Assets Fall When the Baby Boomers Retire?; Index.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |