Financially literate older Americans are less likely to carry excessive debt, as per Wharton Prof. Olivia S. Mitchell, Prof. Annamaria Lusardi of the George Washington University, and Noemi Oggero of the University of Turin, in a report spotlighted by NBER.…Read More
Early 401(k) withdrawals can drastically reduce retirement assets; if need be, borrowing from a retirement account can be a safer option, explains Wharton Prof. Olivia S. Mitchell. Via Knowledge@Wharton.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that Capital Group has rejoined the Council as an Associate Level Member of the Council for 2021. Capital Group has been a PRC member since 2016.…Read More
Holding stock in your employer’s company can be riskier than investing in a well-diversified, tax-qualified retirement account, explains Wharton Prof. Olivia S. Mitchell, via Pensions & Investments. …Read More
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: https://www.ebf.eu/ebf-events/…Read More
Financial literacy is even more important in times of economic uncertainty. This quiz, written by Prof. Annamaria Lusardi of GWU and based on work with Profs. Olivia S. Mitchell of Wharton and Robert Clark of NC State Poole College of Management, can help you test your financial savvy. Via CNBC.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that Prudential Financial has rejoined the Council as Associate of the Council for 2021. Prudential Financial first joined the PRC as an Institutional Member in 1995.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that the FINRA Investor Education Foundation (FINRA Foundation) has joined the Council as an Associate Level Member of the Council for 2021.…Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that the International Foundation of Employee Benefit Plans (IFEBP) has joined the Council as an Associate Member of the Council for 2021. The IFEBP first joined the PRC in 2006.…Read More
Poor financial capability can erode later life well-being. Use auto-pay for bills, keep track of spending, and take the time to improve financial literacy, advises Wharton Prof. Olivia S. Mitchell, via TheStreet.com.…Read More
