Summary of An Honest Look at the Personal Financial Crisis

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Rating

8 Overall

9 Applicability

7 Innovation

8 Style


Recommendation

Despite holding graduate degrees from Harvard Business School and Johns Hopkins as well as impressive career credentials, 55-year-old Elizabeth White is barely making ends meet. In a moving TED Talk, White breaks the taboo on talking about financial insecurity among middle-class Americans nearing retirement age. White and her generation are pioneers – the first to explore the uncharted territory of the “retirement crisis.” If you’re late on in your career with no safety net, getAbstract believes White’s advice could provide a parachute.  

In this summary, you will learn

  • Why many Americans nearing retirement find themselves in precarious financial circumstances and
  • What individuals can do to address the impending “retirement crisis.”  
 

About the Speaker

Elizabeth White is a former business executive and entrepreneur. She is the author of 55, Underemployed, and Faking Normal.

 

Summary

Elizabeth White is fed up with pretending to be able to afford the middle-class lifestyle she once led. The Harvard Business School graduate struggles with finding steady work, and, at age 55, she is at a loss as to how to finance her retirement.


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