Seventy-six million Baby Boomers are careening toward retirement in the United States. Demographic shifts toward aging populations are taking place around the Western world, as a variety of factors-biological, technological, medical, and sociocultural-are extending life spans. Meanwhile, birth rates are declining. The scaremongers argue that this generational shift is going to be disastrous: It will result in skyrocketing tax rates, lower retirement and health benefits, higher inflation, increased unemployment and poverty, political instability, and a host of other societal ills. But will it? In Boomer Bust?, Robert Hudson assembles leading authors from fields such as economics, political science, and finance to separate fact from fiction, highlight the terms of debate, and showcase innovative policies that will prevent disaster from occurring. From topics like Social Security to older people rejoining the workforce to the elderly as a political lobby, this two-volume set covers the gamut of economic, political, financial, and business issues related to aging. The Boomer generation will leave one of the largest footprints the world has yet seen.
In retirement, as in all else, this generation is blazing a path affecting succeeding generations profoundly. Boomer Bust? charts a path through the thicket of personal and public policy choices facing not just Baby Boomers but all of society.
Robert B. Hudson is professor of social policy at Boston University. Among the world's leading authorities on the politics and economics of aging, he is the author of dozens of articles, book chapters, reports, and presentations on aging and public policy. He is the editor of The New Politics of Old Age Policy, and he serves as editor-in-chief of Public Policy & Aging Report, the quarterly publication of the National Academy on an Aging Society. He received his PhD in Political Science from the University of North Carolina at Chapel Hill.
Volume 1 Preface Part I: Demographic and Social Profile 1. The Baby Boom Age Wave: Population Success or Tsunami? Greg ONeill 2. Boomer Diversity and Wellbeing: Race, Ethnicity, and Gender Jan E. Mutchler and Jeffrey Burr 3. A History of Productive Aging and the Boomers W. Andrew Achenbaum Part II: Boomers and the New Economics of Aging 4. The Boomers and Their Economic Prospects Karen C. Holden 5. Will the Boomers Revolutionize Work and Retirement? Sara E. Rix 6. The Looming Economics of Boomer Health Care Christine Bishop Part III: Boomers and the New Politics of Aging 7. Public Policy and the Boomers: An Expanding Scope of Conflict Robert B. Hudson 8. The Boomers in Politics: Impact and Consequences Robert H. Binstock 9. Aging Boomers, Generational Equity, and the Framing of the Debate over Social Security John B. Williamson and Diane M. Watts-Roy Part IV: The Boomers and Public Policy 10. Population Aging, Entitlement Growth, and the Economy John Gist 11. Private Pensions and the Boomers: How Much is Enough? Jack VanDerhei and Craig Copeland 12. Medicare in the Image of the Baby Boom Generation Edward F. Lawlor 13. Long-Term Care Policy as an Investment in Baby Boomers and Future Generations Michelle Putnam 14. Differential Treatment by Age: Age Discrimination or Age Affirmation? John Macnicol 15. Aging Policy as Family Policy: Expanding Family Leave and Improving Flexible Work Policies Steven K. Wisensale About the Editor and Contributors Volume 2 Preface Part I: The Financial World of the Boomers 1. Boomers and the Many Meanings of Work Michael A. Smyer, Elyssa Besen, and Marcie Pitt-Catsouphes 2. Redesigning Work for an Aging Labor Force: Employer and Employee Perspectives Diane S. Piktialis 3. Entrepreneurial Strategies in Later Life Edward G. Rogoff 4. Planning for the Boomers Future: The Emergence of Financial Gerontology Neal E. Cutler 5. Living and Leaving: Financial and Estate Planning for Boomers Donald Ray Haas Part II: The Civic World of the Boomers 6. Providing New Opportunities for Voluntarism and Civic Engagement for Boomers: Chaos Theory Redefined Laura B. Wilson and Karen Harlow-Rosentraub 7. Gearing Up for the Big Show: Lifelong Learning Programs are Coming of Age Ronald J. Manheimer 8. Booming Opportunity: Philanthropy, Aging, and Recognizing That the Glass Is Half Full Robert Martin and Alan Pardini 9. Evaluating Images of Aging in the Print and Broadcast Media Maria D. Vesperi 10. Better Together: Generational Reciprocity in the Real World Donna M. Butts and Jaia Peterson Lent Part III: The Social World of the Boomers 11. Living Large While Living Small: The Spatial Life of Aging Boomers Philip B. Stafford 12. Getting Around: Meeting Aging Boomers Mobility Needs Lisa J. Molnar and David W. Eby 13. Multigenerational Bonds, Family Support, and Baby Boomers: Current Challenges and Future Prospects for Elder Care Judith G. Gonyea 14. Who Will Care? Building the Geriatric Long-Term Care Labor Force Mary F. Harahan and Robyn I. Stone About the Editor and Contributors