Teresa Ghilarducci critically examines the trend of extending work life and its impact on retirement security.
In her new book Work, Retire, Repeat: The Uncertainty of Retirement in the New Economy she challenges the notion that working longer is a universal solution to pension shortfalls, highlighting its negative consequences on older workers, particularly in physically demanding jobs. Ghilarducci introduces the Gray New Deal, aiming to overhaul the retirement system by increasing Social Security benefits and providing universal pensions, independent of employers. This comprehensive plan seeks to address the inequalities exacerbated by the current system and ensure a dignified retirement for all.
