The Third Rail is popular PDF and ePub book, written by Jim Leech in 2015-08-25, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Third Rail can be Read Online from any device for your convenience.
The Third Rail Book PDF Summary
"Essential reading for decision-makers.... When Leech talks, politicians listen. When he writes a book, it's worth buying."--Toronto Star 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.
Detail Book of The Third Rail PDF
- Author : Jim Leech
- Release : 25 August 2015
- Publisher : National Geographic Books
- ISBN : 9780771047350
- Genre : Business & Economics
- Total Page : 0 pages
- Language : English
- PDF File Size : 7,5 Mb
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