2019 Symposium:

Remaking Retirement? Debt in an Aging Economy

May 2-3, 2019

The 2019 PRC Symposium on Remaking Retirement? Debt in an Aging Economy explored changing patterns of debt as the world ages and what these patterns will imply for retirement security.

Implications for plan sponsors, benefits specialists, actuaries, academics, regulators, and plan participants were drawn out in terms of saving, investment, consumption, and housing expenditures.

This conference was by invitation only.

Thursday, May 2, 2019

Introductory Remarks: Olivia S. Mitchell, The Wharton School

Session I: Debt Developments in an Aging Economy

Moderator: Annamaria Lusardi, George Washington University
Discussant: Julia Coronado, MacroPolicy Perspectives
Discussant: John Sabelhaus, Federal Reserve Board

Session II: Retirement, Debt, and Financial Fragility at Older Ages

Moderator: David Richardson, TIAA Institute
Discussant: Gary Mottola, FINRA
Discussant: Rick Fulford, PIMCO

Evening Keynote: “Debt and the Great Recession”

Speaker: Atif Mian, Princeton University
Relevant Papers:
Moderator: Kent Smetters, The Wharton School

Friday, May 3, 2019

Session III: Policy Perspective on Debt at Older Ages

Moderator: Mark Warshawsky, Social Security Administration
Discussant: Brett Hammond, Capital Group

Morning Fireside Chat: “Will there be a New Debt Crisis?”

Speaker: Sheila Bair
Moderator: Richard Herring, The Wharton School