Book cover of Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers

Book description

Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism

Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures.

But this so-called retirement…

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Why read it?

1 author picked Retirement Heist as one of their favorite books. Why do they recommend it?

Retirement Heist is a tour de force. It is a book to make you informed and angry about why pension plans are disappearing in the private sector. In a few words, according to former Wall Street Journal investigative reporter Schultz, it was because corporations took financially healthy pension plans and diverted their surpluses to other uses to inflate their bottom lines. They then ended the plans when they inevitably became financially weaker, substituting them for 401(k)s that do not produce near as much retirement security. 

If you love Retirement Heist...

Ad

Book cover of The High House

The High House by James Stoddard,

The Victorian mansion, Evenmere, is the mechanism that runs the universe.

The lamps must be lit, or the stars die. The clocks must be wound, or Time ceases. The Balance between Order and Chaos must be preserved, or Existence crumbles.

Appointed the Steward of Evenmere, Carter Anderson must learn the…

Want books like Retirement Heist?

Our community of 12,000+ authors has personally recommended 79 books like Retirement Heist.

Browse books like Retirement Heist

Book cover of Social Security Works!: Why Social Security Isn't Going Broke and How Expanding It Will Help Us All
Book cover of The Great 401(k) Hoax: Why Your Family's Financial Security Is at Risk, and What You Can Do about It
Book cover of Downhill from Here: Retirement Insecurity in the Age of Inequality

Share your top 3 reads of 2025!

And get a beautiful page showing off your 3 favorite reads.

1,210

readers submitted
so far, will you?

Ad

📚 If you like Retirement Heist, you might also like...

Book cover of Aggressor

Aggressor by FX Holden,

It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.

The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…

Book cover of The Duke's Christmas Redemption

The Duke's Christmas Redemption by Arietta Richmond,

A Duke who has rejected love, a Lady who dreams of a love match, an arranged marriage, a house full of secrets, a most unneighborly neighbor, a plot to destroy reputations, an unexpected love that redeems it all.

Lady Charlotte Wyndham, given in an arranged marriage to a man she…

5 book lists we think you will like!