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The Third Rail

Author: Leech, Jim
McNish, Jacquie

Publisher: McClelland & Stewart

Format:Paperback

Scratch & Dent Copy

List Price:$19.95
Our Price:$6.39 (68% OFF) USD
Stock:2

Overview:

The Third Rail : Over the next 20 years more than 7 million Canadian workers will retire. Baby boomers, the 45- to 65-year-olds who account for 42% of the country's workforce, will join the largest job exodus in Canadian history, moving to the promised land of retirement. Unless our crumbling pension system is reformed, many of these retirees will find this dreamland a bewildering and disappointing mirage. In the early 1980s, consumers were setting aside 20% of their disposable incomes to their retirement plans; today the savings rate is a threadbare 2.5%. Retirement savings plans meant to build Canadians' personal war chests for their final years have failed to live up to their cheery promises of early retirement "freedom" - market returns are low, and financial fees are climbing. Moreover, retirement plans are now being compromised by high pension obligations and a shrinking workforce. Canada has the capacity to diffuse this ticking pension time bomb with some hard choices, posits Leech. It's time for businesses, governments, unions, and employees to face these options and fix - and ultimately save - our pensions system. NOTE: This is a Scratch and Dent book and may have noticeable dents, scratches and various other cosmetic issues as well as torn or missing dust jacket. These items are only guaranteed to be structurally complete and readable and therefore are sold as is.


Category   Subject
Business & Economics   Personal Finance

ISBN 13:9780771047350
ISBN 10:0771047355
Format:Paperback
Language:English
Pages:185
Size:8.03" l x 5.13" w x 0.67" h
Ages:
Grade Lvl:

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