Financial market developments over the past decade have undermined what was once thought to be conventional wisdom about saving, investment, and retirement spending. How Persistent Low Returns Will Shape Saving and Retirement explores how the weak capital market performance predicted for the next several years will shape pension saving, investment, and decumulation plans.…Read More
News and Media
Interview with Professor Olivia S. Mitchell
Dr. Olivia S. Mitchell of the University of Pennsylvania’s Wharton School discussed her research interests, inspirations, and her views on the greatest challenges facing future retirees during an interview with Anita Mukherjee of the University of Wisconsin-Madison. Read the entire article here, or in the Journal of the Economics…Read More
Making Retirement a Gig for Life
How prepared are gig workers for retirement, and how can older Singaporeans steer clear of financial mistakes? CREA researchers considered these questions at a roundtable on ageing and financial preparedness.…Read More
TIAA Institute and Pension Research Council Showcase New Research on Financial Decision-making
The TIAA Institute and the Pension Research Council (PRC) of the University of Pennsylvania’s Wharton School released new research this month on the psychology, reasoning, biases and behavioral factors that affect how people make important financial and retirement decisions. The new studies – showcased during the TIAA Institute Fellows Symposium…Read More
Call for Proposals: Financial Wellness, Behavioral Insurance, and Retirement Planning
The TIAA Institute is partnering with the Wharton School’s Boettner Center/Pension Research Council at the University of Pennsylvania to fund innovative research related to older Americans financial wellness, behavioral insurance, and retirement planning. We are now accepting research proposals focused on this topic. Final funding decisions will be contingent upon continued funding…Read More
Causes and Consequences of Financial Mismanagement at Older Ages
Poor financial capability in old age can have serious repercussions, causing people to make mistakes with credit, draw down retirement assets too quickly, and fall victim to financial predators.…Read More
Call for Papers: The Committee on Living to 100 Research Symposium
The Committee on Living to 100 Research Symposium requests professionals, knowledgeable in the important area of longevity and its consequences, to prepare a high quality paper for the 2020 Living to 100 Symposium to take place on January 13-15, 2020 in Orlando, FL. Topics of interest include, but are not…Read More
3 out of 10 households have no retirement savings
Wharton’s Olivia S. Mitchell raises concerns about financial literacy regarding debt and retirement. She noted that “women are less financially knowledgeable but more willing to learn and be trained. Men are much more confident in their wrong answers.” Click here to read the full article on The Intelligencer.
Guideline Joins The Pension Research Council
The Wharton School’s Pension Research Council welcomes Guideline Technologies as an Associate Member for 2018. Guideline first joined the Pension Research Council this year. Click here to read the full press release.
WSJ: Women over 50 find discrimination in the job market
Women 50+ have faced job market discrimination, particularly if they had gaps in their resumes. But organizations are now working to attract them, particularly as firms now face labor market shortages. Wharton’s Dr. Olivia S. Mitchell says, “If they don’t explore those neglected pools, ‘they won’t find the trained, educated,…Read More