Requiring high school financial education affects near-term behaviors for young adults entering financial independence yet has little effect on long-term savings and investing, explain Profs. Carly Urban of Montana State University and Melody Harvey of University of Wisconsin-Madison, via RetireSecure Blog.…Read More
Understanding life expectancy and longevity risk improves retirement related decision making including how people save, invest, and decumulate assets to avoid running out of money in old age find Profs. Abigail Hurwitz and Orly Sade of The Hebrew University of Jerusalem, and Olivia S. Mitchell of Wharton via RetireSecure blog. …Read More
Early pandemic stimulus increased financial stability for the economically vulnerable. However, causality, stability dissipation rates, and long-term pandemic effects remain important questions explain Marco Angrisani, Jeremy Burke, and Arie Kapteyn via RetireSecure blog. …Read More
Millennials face an uphill financial climb as they save for retirement and make other money decisions. Creative solutions via varied tools and channels may help, explains Surya Kolluri via the RetireSecure Blog.…Read More
COVID-19 changed Americans’ lives and created much uncertainty. Greater retirement system challenges will follow, explains Anna Rappaport via the RetireSecure Blog. …Read More
Retirement plan sponsors can identify ESG investments to align with client goals and achieve long-term financial performance goals using improved data and analytics, along with value and impact objectives, explains Linda-Eling Lee of MSCI via RetireSecure blog.…Read More
Though ESG considerations in pension fund investment practices vary, more transparency & better information will drive future investment choices & help investors engage more, advise Stéphanie Lachance of Fiera Comox in Canada & Judith Stroehle of Oxford’s Saïd Business School via RetireSecure Blog. …Read More
The Pension Research Council’s 2022 Symposium, “Real-World Shocks and Retirement System Resiliency” was held April 28-29, 2022. The conference was co-hosted by John Sabelhaus, the Brookings Institute, Stephen Utkus, current Visiting Scholar, Pension Research Council, and Wharton Prof. Olivia S. Mitchell. This was the third time the conference was held online. Here are some of the highlights from the event.…Read More
Robo-advisor-managed tontines could help retirees manage asset decumulation and offer secure lifetime income, explain Richard K. Fullmer of Nuova Longevità Research and Nuovalo Ltd. and John A. Turner of the Pension Policy Center.…Read More
Anna Rappaport on the RetireSecure Blog discusses whether to take your defined contribution benefit as a lump sum or annuity: consider both near and longer-term needs.…Read More
