© 2024 WYPR
WYPR 88.1 FM Baltimore WYPF 88.1 FM Frederick WYPO 106.9 FM Ocean City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Retirement, or Lack Thereof, Before the Great Depression

All of us have grown up understanding the concept of retirement. The notion is very simple – we work, we save, and then we stop working and enjoy a whole lot of free time during which we take care of grandchildren, golf, knit, travel, or all of the above. But as indicated by Kiplinger, hundreds of years ago, most people didn’t grow old so there was no need to retire.  People often worked to survive until they were simply unable to work any longer...

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.