Should chronological or biological (risk-adjusted) age drive retirement claiming? Longevity research suggests the latter, per Prof. Moshe A. Milevsky of York University, via RetireSecure blog. …Read More
Pension Pooling and the Randomness of Age
RetireSecure Blog
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“Financial Less Is More:” An Experimental Study of Financial Communication
Pension participants make better decisions about their financial futures when they get digital plan statements, show researchers Abigail Hurwitz of the Hebrew University, Eval Lahav of The Open University of Israel, and Yevgeny Mugerman of Bar-Ilan University, via RetireSecure blog. …Read More
How the Older Workforce and Early Retirees Fared During the Covid-19 Pandemic Recession
The US safety net provided significant support to older Americans during the pandemic find Profs. Robert A. Moffitt of Johns Hopkins University and James P. Ziliak of the University of Kentucky via RetireSecure blog.…Read More
Wealth Inequality and Retirement Preparedness: A Cross-Cohort Perspective
Wealth inequity by age is rising over time, making Social Security solvency especially important for cohorts with modest lifetime earnings and little wealth accumulation, report researchers John Sabelhaus of the Brookings Institute and Alice Henriques Volz of the Federal Reserve Board, via RetireSecure Blog. [Study here.]…Read More
High School Financial Education and Downstream Financial Behaviors: What Does the Research Say?
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
What Does Longevity Awareness Do To Retirement Planning?
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
Americans’ Economic Security Improved Early in the Pandemic
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
Young Adults’ Attitudes toward Personal Finance and Workplace Benefits
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
Retirement Security in America and COVID-19: The Outlook
COVID-19 changed Americans’ lives and created much uncertainty. Greater retirement system challenges will follow, explains Anna Rappaport via the RetireSecure Blog. …Read More
How Plan Sponsors Can Use ESG Metrics Effectively
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