{"product_id":"the-quadrillion-dollar-bridge-isbn-9781394332373","title":"The Quadrillion Dollar Bridge","description":"\u003cp\u003e\u003cb\u003eUnlock the secrets to successful retirement planning with insights that will revolutionize the way we make financial decisions\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Quadrillion Dollar Bridge: Retirement Behaviour,\u003c\/i\u003e author Josef Pilger delves into the complex landscape of retirement , systems, decisions, planning, behaviours and outcome expectations providing vital guidance for policymakers, individuals, retirement and financial services providers. This book addresses the complex challenges consumers, policymakers and providers face today, from navigating investments to making informed decisions that affect the retirement lifestyle for millions. With Pilger's extensive experience in the global retirement and financial services sector, he offers practical solutions designed to empower readers for a more secure financial future. \u003c\/p\u003e\u003cp\u003ePacked with research-based insights and actionable strategies, the book dissects the evolving retirement landscape—highlighting how you can better navigate the shift from defined benefits to individualized plans and what he calls “Retirement 2.0”. Readers will learn how to make informed choices that improve their retirement systems, delivery and outcomes, ensuring they achieve lasting peace of mind. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside the book:\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDiscover how understanding behavioural psychology can reshape investment strategies\u003c\/li\u003e \u003cli\u003eLearn best practices to maximize retirement savings, systems and outcomes\u003c\/li\u003e \u003cli\u003eExplore the interconnectedness of health, wealth, longevity and career decisions in planning for the Golden Years\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Quadrillion Dollar Bridge: Retirement Behaviour\u003c\/i\u003e is a must-read for policymakers, financial services providers, pension fund professionals, and financial advisors eager to enhance their clients' retirement planning experiences. Empower yourself and your clients today with the knowledge needed to thrive in a complicated financial landscape. \u003c\/p\u003e\u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eCharts xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection A Framing Context 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRetirement System Objectives: Purpose and Cultural Framing Expectations 3\u003c\/p\u003e \u003cp\u003eProblem: What Problem? The Governance and Fiduciary Duty 8\u003c\/p\u003e \u003cp\u003eRetirement System Parameters 11\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection B Retirement and Financial Well-Being Ecosystem 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Financial Well-Being Ecosystem 23\u003c\/p\u003e \u003cp\u003eRetirement Decision Map 26\u003c\/p\u003e \u003cp\u003eThe Unavoidable Statistical Section 28\u003c\/p\u003e \u003cp\u003eThe Retirement Memories Map 31\u003c\/p\u003e \u003cp\u003eWhy Are Retirement Decisions So Hard? 34\u003c\/p\u003e \u003cp\u003eFinancial Literacy and Financial Advice as Silver Bullets? 38\u003c\/p\u003e \u003cp\u003eWhat Can We Learn from Human Evolution? 43\u003c\/p\u003e \u003cp\u003eIntergenerational Wealth Transfer 56\u003c\/p\u003e \u003cp\u003eBehavioural Economics – Progress at Last? 57\u003c\/p\u003e \u003cp\u003eRetirement Success 59\u003c\/p\u003e \u003cp\u003eFinancial Planning Success 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection C Transform Retirement 2.0 – Defining the Crucial Challenge(s) 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLaying the Foundations 67\u003c\/p\u003e \u003cp\u003eThe New Brand of Retirement 2.0 71\u003c\/p\u003e \u003cp\u003eThe Foundation of Success in Retirement 2.0 74\u003c\/p\u003e \u003cp\u003eTransform: How Can We See What Others Do Not? 78\u003c\/p\u003e \u003cp\u003eA Policymakers’ Balanced Scorecard for Retirement 2.0 80\u003c\/p\u003e \u003cp\u003eLongevity’s Impact on Governments 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection D Transform Retirement 2.0 – Breaking Down the Challenge(s) 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBreak Down the Challenge and Challenge Statement 103\u003c\/p\u003e \u003cp\u003eCompare Stakeholders’ Perspectives and Wants 113\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection E Transform Retirement 2.0 – Search within the Sector 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Australia 144\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from the Netherlands 145\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Denmark 146\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Hong Kong 147\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Malaysia 148\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from the United States 149\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Canada 151\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from Chile 153\u003c\/p\u003e \u003cp\u003eSearching for Best Practices from India 154\u003c\/p\u003e \u003cp\u003eSearching for Financial Advice Best Practices in the United Kingdom and Australia 155\u003c\/p\u003e \u003cp\u003eSelected Key Lessons from within the Global Retirement Ecosystem 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection F Transform Retirement 2.0 – Search Outside of the Sector 167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Search for Better Attraction and Engagement 168\u003c\/p\u003e \u003cp\u003eThe Search for More Learning about Customer Attraction at Scale 172\u003c\/p\u003e \u003cp\u003eSearch for Financial Security-Centric Retirement Advice Lessons 174\u003c\/p\u003e \u003cp\u003eSearch for Better Enablement and Decision for Retirement Lessons 180\u003c\/p\u003e \u003cp\u003eSearch for Lessons for a Better Ecosystem and a ‘Fulfilled Life’ 185\u003c\/p\u003e \u003cp\u003eLearning about the Illusion of Validity 187\u003c\/p\u003e \u003cp\u003eSearch for Better Government and Policymaker Interventions 188\u003c\/p\u003e \u003cp\u003eLessons from the Global COVID Vaccine Journey 189\u003c\/p\u003e \u003cp\u003eLessons from the Implementation of Obama Care 192\u003c\/p\u003e \u003cp\u003eLessons from the Kingdom of Saudi Arabia’s Vision 2030 Journey 193\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection G Transform Retirement 2.0 – The Options Map 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeveloping the Options Map Pragmatically 197\u003c\/p\u003e \u003cp\u003eShift 1: From Retirement 1.0 to 2.0 and ‘Fulfilled Life’ Transformation 200\u003c\/p\u003e \u003cp\u003eShift 2: From Incremental to Transformative Outcome Architecture 208\u003c\/p\u003e \u003cp\u003eShift 3: From Process and Choice to Saver Outcome Architecture 210\u003c\/p\u003e \u003cp\u003eShift 4: From Process to Outcome Governance 215\u003c\/p\u003e \u003cp\u003eShift 5: From Process and Product to Value-Chain Architecture 220\u003c\/p\u003e \u003cp\u003eShift 6: From Financial Planning to Advice Outcome Architecture 228\u003c\/p\u003e \u003cp\u003eThe Political Test: The $1 Quadrillion Prize of Value Generation 247\u003c\/p\u003e \u003cp\u003eThe $1 Quadrillion Prize Journey 248\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection H What Do the Six Shifts Mean More for the Golden Years? 251\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFraming the Conversation 251\u003c\/p\u003e \u003cp\u003eFraming Success 254\u003c\/p\u003e \u003cp\u003eThe Australian Retirement System 257\u003c\/p\u003e \u003cp\u003eThe German Retirement System 267\u003c\/p\u003e \u003cp\u003eThe Dutch Retirement System 272\u003c\/p\u003e \u003cp\u003eThe UK Private Retirement System 273\u003c\/p\u003e \u003cp\u003eThe US Private Retirement System 276\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection I International Leaders’ Thinking 285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 285\u003c\/p\u003e \u003cp\u003eAndrew Evans, Group CEO, Smart Pensions 285\u003c\/p\u003e \u003cp\u003eNikki Pirrello, President and Publisher, Pensions \u0026amp; Investments 286\u003c\/p\u003e \u003cp\u003eJohn Mitchem, Principal, JM3 Projects New York and Co-Founder of Jasper Forum, a Global Retirement Finance Discussion Group 289\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection J Conclusion 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWe Need to Put Humans in the Centre – Finally 291\u003c\/p\u003e \u003cp\u003eOne Key Aspect Remains to Manage Transformative Savers’ Outcome Expectations 293\u003c\/p\u003e \u003cp\u003eSuggestions for Future Work 293\u003c\/p\u003e \u003cp\u003eNotes 295\u003c\/p\u003e \u003cp\u003eIndex 303\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eJOSEF PILGER\u003c\/b\u003e is an independent consultant and speaker with decades of experience in the global pension and retirement sector. He has worked with hundreds of boards, CEOs, and executives in leading organisations across more than 30 countries and has extensive experience working as a commercial and NFP board member.   \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Quadrillion Dollar Bridge: Closing the Retirement Funding Gap by Understanding How Humans Make Decisions,\u003c\/i\u003e pension and retirement expert and author Josef Pilger guides you through the complex landscape of retirement, including its systems, decisions, planning, behaviours, and outcome expectations, providing vital guidance for policymakers, individuals, and retirement and financial services providers. \u003c\/p\u003e\u003cp\u003eThis book tackles the complicated challenges awaiting consumers, policymakers, and service providers as they seek to navigate an increasingly complex and volatile retirement landscape. It walks you through how to navigate investment decisions and how to make informed decisions that have the potential to affect the retirement lifestyle of millions of people. \u003c\/p\u003e\u003cp\u003ePilger draws on his extensive experience in the global retirement and financial services sector as he provides practical solutions designed to empower readers deserving of a more secure financial future. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Quadrillion Dollar Bridge\u003c\/i\u003e is packed with research-based insights and actionable strategies that dissect the evolving retirement landscape. It highlights how you can better navigate the shift from the defined benefit plans that characterized the retirements of previous generations to what the author calls “Retirement 2.0” a landscape characterized by defined contribution plans and self-serve, bespoke retirement options. \u003c\/p\u003e\u003cp\u003eYou’ll learn how to make informed choices that improve your retirement systems, delivery, and outcomes as you achieve peace of mind knowing that your future is soundly planned. You’ll also discover how behavioural psychology can – and should – reshape your approach to investment strategy, and how to implement best practices to maximize your retirement savings, systems, and outcomes. \u003c\/p\u003e\u003cp\u003eAn essential resource for anyone wishing to explore the intersection of health, wealth, longevity, and career decision-making as they plan for their golden years, \u003ci\u003eThe Quadrillion Dollar Bridge\u003c\/i\u003e is also an invaluable book for policymakers, financial services providers, pension fund professionals, and financial advisors.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePraise for THE QUADRILLION DOLLAR BRIDGE\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e“This book shows alternative solutions for retirement provision that could meet the growing challenges in Germany. It sheds light on international approaches and calls for bolder decisions in capital market orientation before the pressure to act increases further.”\u003cbr\u003e \u003cb\u003e—MARTIN STENGER,\u003c\/b\u003e Head of Sales at Franklin Templeton Germany \u003c\/p\u003e\u003cp\u003e“Josef Pilger illuminates the ‘why’ behind our retirement decisions at every level, from governments to individuals, and how to ensure we make the right choices. This is essential reading for a secure future.” \u003cbr\u003e \u003cb\u003e—JAMIE FIVEASH,\u003c\/b\u003e CEO of Smart Pension UK \u003c\/p\u003e\u003cp\u003e“Quadrillion Dollar Bridge offers an unparalleled historical and social analysis of retirement income, urging us to embrace an intergenerational approach to financial security throughout life to promote stability in later years. Essential reading for actuaries, financial planners, policymakers, futurists, and individuals alike, this work challenges us all to consider transformative changes that will shape our collective future.”\u003cbr\u003e \u003cb\u003e—ANNE-MARIE ELIAS,\u003c\/b\u003e Co-Founder PrimeLife Partners \u003c\/p\u003e\u003cp\u003e“This is by far the most thorough analysis I have ever seen of the issues of retirement systems around the world. The research is stunning in its breadth and depth. Josef raises numerous questions, aiming to reframe and stimulate debate and reflection.”\u003cbr\u003e \u003cb\u003e—DON EZRA,\u003c\/b\u003e Former Co-Chairman of Global Consulting for Russell Investments \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Quadrillion Dollar Bridge: Closing the Retirement Funding Gap by Understanding How Humans Make Decisions\u003c\/i\u003e is a practical and insightful new discussion of how to navigate the increasingly complex and unpredictable landscape of retirement, including its systems, decisions, planning, behaviours, outcomes, and expectations. In the book, retirement and pension expert and author Josef Pilger walks you through the challenges lying in wait for consumers, policymakers, and financial and retirement services providers and how you can best address them.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990325182693,"sku":"NP9781394332373","price":59.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394332373.jpg?v=1761787364","url":"https:\/\/k12savings.com\/es\/products\/the-quadrillion-dollar-bridge-isbn-9781394332373","provider":"K12savings","version":"1.0","type":"link"}