When Baby Boom Women Retire

by Nancy Dailey

Overview

Fewer than 20% of Baby Boom women will experience a secure retirement. Marriage, education, occupation, home ownership—these variables predict their future. Possession of all four indicates retirement security, and absence of any increases risk of old-age poverty. This riveting sociological study also examines the social relations and structures that will determine the retirement experience, options, and decisions for more than 40 million Baby Boom women. These women's material base and social status are examined through the use of empirical data, and the key predictors of their retirement are identified.

The massive entry of Baby Boom women into the labor force increases the importance of retirement planning for working women. It comes at a time when existing research models and data are outdated and inadequate to effectively predict their future retirement experience. Over the past 30 years, American men and their spouses have benefited from the linear, undifferentiated model of the traditional male retirement. For the Baby Boom generation, however, the nature of work has changed significantly. The current retirement model may not serve Baby Boom men as well as in the past, let alone Baby Boom women. In contrast, this book offers a new, dynamic model that considers the social and work structures influencing women's lives and that accurately reflects the predictors and parameters of Baby Boom women's retirement.

Product Details

ISBN-13:	9780275960704
Publisher:	Bloomsbury Academic
Publication date:	02/18/1998
Series:	Studies; 35
Pages:	168
Product dimensions:	5.50(w) x 8.50(h) x 0.50(d)
Lexile:	1350L (what's this?)

About the Author

NANCY DAILEY, Ph.D., is the co-founder of MoneyLife, Inc./e She has extensive expertise in executive management on issues concerning women, work, and retirement.

Table of Contents

Preface
The Baby Boom and Their Right to Retirement
The Status of Women in the Retirement Literature
Our Aging Population and Its Impact on Women's Retirement
The Nature of Work and Its Impact on Baby Boom Women's Retirement
Retirement Income for Women
Baby Boom Women's Retirement Future
Bibliography
Index

Editorial Reviews

Reports on an in-depth examination of three key structural variables impacting the future retirement of baby boom women: population aging, baby boom women's labor force participation, and retirement income sources. The study's findings paint a grim picture, revealing that these women's retirement will not look like men's retirement patterns, that traditional sources of retirement income such as Social Security and employer pensions will be insufficient for most baby boom women, and that these women will enter retirement as society's caregivers of the country's elderly. Annotation c. by Book News, Inc., Portland, Or.

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