What If Boomers Can't Retire?

How to Build Real Security, Not Phantom Wealth

Thornton Parker (Author) | Hazel Henderson (Author)

Publication date: 11/09/2002

What If Boomers Can't Retire?
When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing.
This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services.
  • Debunks the popular but dangerous myth that inflating stock prices creates national wealth

  • Reveals what can be done to avert potential disaster for future retirees and the nation

  • Shows readers how to evaluate the long-term effectiveness of their retirement portfolios

Read more...

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Book Details
Overview
When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing.
This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services.
  • Debunks the popular but dangerous myth that inflating stock prices creates national wealth

  • Reveals what can be done to avert potential disaster for future retirees and the nation

  • Shows readers how to evaluate the long-term effectiveness of their retirement portfolios

About the Authors
Excerpt

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