Social Impact Faculty Spotlight: Professor Olivia S. Mitchell and Financial Well-Being

Women’s financial knowledge and confidence are quite low, with Black and Hispanic women particularly poorly served by one-size-fits-all financial education programs. Better-targeted programs that take their particular needs and circumstances into account would help, explains Wharton Prof. Olivia S. Mitchell in the Wharton Social Impact Faculty Spotlight. Read More

Do DC Plan Participants Benefit From Increasing the RMD Age?

Changes to the RMD age affect mostly households with bequest motives, so financial institutions should consider their clients’ intentions before advising them on RMD strategies. A research review of work by Wharton Prof. Olivia S. Mitchell, cited in PlanSponsor. Original paper by Horneff, Maurer, and Mitchell entitled “Do Required Minimum Distribution 401(k) Rules Matter, and For Whom? Insights from a Lifecycle Model”.Read More

Financial Well-Being of Underrepresented Women

Workplace-sponsored financial education programs, as well as programs targeted to the specific circumstances of Black and Hispanic women, would boost financial literacy far more than a one-size-fits-all approach, explains Wharton Prof. Olivia S. Mitchell to Julie Stich of IFEBP. Paper here: Financial Well-being among Black and Hispanic WomenRead More

Remaking Retirement: Debt in an Aging Economy

Wharton Prof. Olivia S. Mitchell will discuss her recent book, ‘Remaking Retirement: Debt in an Aging Economy’ at the European Banking Federation’s 2021 European Money Week, Tuesday 23 March at 16:00 CET/11 AM EDT, ‘Financial Security at an Older Age: What Do We Need to Prepare For?’ Full event schedule and to register: More