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Hardcover What If Boomers Can't Retire? How to Build Real Security, Not Phantom Wealth: How to Build Real Security, Not Phantom Wealth Book

ISBN: 1576751120

ISBN13: 9781576751121

What If Boomers Can't Retire? How to Build Real Security, Not Phantom Wealth: How to Build Real Security, Not Phantom Wealth

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Format: Paperback

Condition: Very Good

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Book 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. This description may be from another edition of this product.

Customer Reviews

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Rated 5 stars
Unusual and upsetting message

This book's message is both unusual and upsetting. Author Thornton Parker questions conventional wisdom about financial planning for retirement. He draws on his varied background - including jobs in government and private sector financial planning - and discusses the influence that baby boomer retirement investments have on the stock market. He examines how the stock market creates wealth, why stock prices get inflated and...

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Rated 5 stars
Important piece of work

Great summary of where we are today, with the current ponzi scheme of retirement that relies on the stock market infinite price growth.As people below said, the author is quite weak on the solution side, but that's mostly because there isn't any simple one, and they clearly missed the point, which is the main purpose of the book to awaken folks and make them understand what is really going on.The book is very easy to read...

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Rated 5 stars
A vital, timely, level-headed financial preparedness book

In What If Boomers Can't Retire?: How To Build Real Security, Not Phantom Wealth, Thorton Parker draws upon his more than forty-five years of diverse experience and expertise in government and business management, strategic planing, finance and accounting, as well as policy development, to present the reader with a solidly written, informative and "user friendly" guide to protecting personal financial interests, including...

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Rated 4 stars
A really good / very bad book

The title is misleading. This book is very good about the subject "What if Boomer's Can't Retire" and very poor on what to do about it, or as the title states, "How to Build Real Security, not Phantom Wealth".I am a relatively young (30) investor and this books makes me think long and hard if I want to get into the speculation game. Note the term "speculation", because this book clearly points out the problems with today's...

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Rated 5 stars
What If Stock Multiples Plummet When Baby Boomers Retire?

I have read no better book concerning issues about retirement costs for Americans born between 1946 and 1964. Although too limited analytically in some areas, many valuable observations are made that will stimulate your thinking. This book should become the basis for a thoughtful national discussion, and much personal introspection. This book points out a key limitation of many investing books. Those often assume that...

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