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The American Retirement System is Broken. This Economist is Trying to Fix it.

2 Mins read

‘Retirement is a relatively new phenomenon. People in the old days, before Social Security, really worked until they could no longer work physically,’ says economist Alicia Munnell. She is one of the few who still believes that the American retirement system that is broken can be fixed.

Economist Alicia Munnell has been telling America it has a retirement problem for decades, […]

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Facing Work Life’s Daily Challenges

In his book, Sometimes You Win, Sometimes You Lose/Learn, John Maxwell on page 221 thinks that getting stronger at our broken places depends on our attitude and our choices. He said that we can become stronger at our broken places if we choose to learn from our mistakes, correct our course, and try again.

“The world breaks everyone and afterward, many are strong at the broken places.”

Ernest Hemingway/ Novel, Farewell to Arms

According to Maxwell, our failures in life (and at our broken places), as painful as they are, can be our most valuable source of learning experiences. Likewise, it can also be our greatest source of renewed strength.

“Success is how high you bounce, after you hit bottom”

General George S. Paton

Writing something as basic as an official email requires many deletes, re-write and reviews. So also does getting a promotion or a raise at work; it requires many days or months of waking up, heading to work and doing all that is required. Therefore, today’s feeling of dejection, stagnation, miserableness or actual failure is only a pause. It is just a time to reflect and take in some learnings.

“If you’re willing to accept failure and learn from it, if you’re willing to consider failure as a blessing in disguise and bounce back, you’ve got the potential of harnessing one of the most powerful success forces.”

Joseph Sugarman (Author and Entrepreneur)

You may also like; Define Worklife and Work-life Balance


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Needed: Attitude adjustment for retirees

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