What does becoming American have to do with becoming religious? Many immigrants become more religious after coming to the United States. Taiwanese are no different. Like many Asian immigrants to the United States, Taiwanese frequently convert to Christianity after immigrating. But Americanization is more than simply a process of Christianization. Most Taiwanese American Buddhists also say they converted only after arriving in the United States even though Buddhism is a part of Taiwan's dominant religion. By examining the experiences of Christian and Buddhist Taiwanese Americans, Getting Saved in America tells "a story of how people become religious by becoming American, and how people become American by becoming religious." Carolyn Chen argues that many Taiwanese immigrants deal with the challenges of becoming American by becoming religious. Based on in-depth interviews with Taiwanese American Christians and Buddhists, and extensive ethnographic fieldwork at a Taiwanese Buddhist temple and a Taiwanese Christian church in Southern California, Getting Saved in America is the first book to compare how two religions influence the experiences of one immigrant group. By showing how religion transforms many immigrants into Americans, it sheds new light on the question of how immigrants become American.

According to the most recent literature, one of the primary systems for getting Americans to save more -- a system of tax-preferred retirement accounts -- is fundamentally broken and should be abandoned. This system of 401(k)s, Individual Retirement Accounts (IRAs), and other tax-preferred accounts cost the government about $80 billion per year, and influential new research by Raj Chetty, John Friedman, and co-authors -- among others -- suggests that tax incentives like these are unable to substantially increase private saving. However, this case against tax incentives is overstated. A comprehensive review of the literature suggests that tax incentives, in fact, probably can increase saving among many people -- and particularly among those participating who are financially unsophisticated and have low savings. Further, the findings of Chetty, Friedman, and co-authors have been both over-interpreted and misinterpreted in important ways. Based on this and an analysis of the trade-offs involved in choosing among instruments to encourage greater saving, this article concludes that tax incentives should be used, but they should be appropriately targeted and deployed, unlike in the current system. And they should be used in combination with a mandatory saving floor and nudges to increase saving above that floor. This is an “all-of-the-above” approach -- including the use of tax incentives -- that reflects the apparent variation in how people react to these instruments and that should achieve better outcomes than using any one or two of these instruments alone.

If the financial crisis has taught us anything, it is that Americans save too little, spend too much, and borrow excessively. What can we learn from East Asian and European countries that have fostered enduring cultures of thrift over the past two centuries? "Beyond Our Means" tells for the first time how other nations aggressively encouraged their citizens to save by means of special savings institutions and savings campaigns. The U.S. government, meanwhile, promoted mass consumption and reliance on credit, culminating in the global financial meltdown. Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the nineteenth century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere--in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means. Transnational history at its most compelling, "Beyond Our Means" reveals why some nations save so much and others so little.

Many people mistakenly believe that Social Security (SS) will pay for all or most of their retire. needs, but the fact is, since its inception, SS has provided little protection. A comfortable retire. usually requires SS, pensions, personal savings & invest. The key tool for making a secure retire. a reality is financial planning. It will help clarify your retire. goals as well as other financial goals you want to ¿buy¿ along the way. It will show you how to manage your money so you can afford today¿s needs yet still fund tomorrow¿s. You¿ll learn how to save your money to make it work for you & how to protect it so it will be there when you need it. Explains how you can take the best advantage of retire. plans at work, & what to do if you¿re on your own. Illustrations.

One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions. In short, the 401(k) world is in crisis, and workers need help. Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees: -Save, even if they aren’t ready to do so now, by using future enrollment. -Save more by showing them images of their future selves. -Save smarter by reshuffling the order of funds on the investment menu. Save More Tomorrow is the first comprehensive application of behavioral finance to improve retirement outcomes. It also makes it easy for plan sponsors and their advisers to apply these behavioral tools using its innovative Behavioral Audit process.

The elusive goal of a secure retirement -- Americans' growing risk exposure -- More risk, greater wealth inequality -- The looming retirement shipwreck -- Social security: the leaky life boat -- Sink or swim retirement plans -- A perfect storm: labor and financial maker risks feed on each other -- The pitfalls of employer-sponsored retirement -- Upside-down tax incentives -- Sidelined: the millions who are left out -- Charting a new course