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Younger generations will need to work longer, save more, and expect less from the government in retirement, warns Wharton Professor Olivia S. Mitchell, via CBS News.…Read More
Younger generations will need to work longer, save more, and expect less from the government in retirement, warns Wharton Professor Olivia S. Mitchell, via CBS News.…Read More
Lawmakers may try to avoid addressing Social Security and Medicare insolvency, undermining Americans’ retirement security, states Wharton Professor and member of the 2001 Commission to Strengthen Social Security, Olivia S. Mitchell. Via Medill on the Hill. …Read More
Despite low saving rates, Americans should consider tapping reserves over taking on debt to cover future expenses, says Olivia S. Mitchell of the Wharton School. Via liherald.com.…Read More
People are uninformed about longevity risk, leading them to undersave and over consume, report Abigail Hurwitz of the Hebrew University of Jerusalem and Olivia S. Mitchell of the Wharton School. Via Wall Street Journal. (Subscription required). …Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that Vanguard has joined the Council as a Director Level Member for 2023.…Read More
Falling U.S. life expectancy ignores longevity dispersion, misleading Americans as they prepare for retirement. A risk-management mindset is needed instead, advise Olivia S. Mitchell of the Wharton School and Moshe Milevsky of York University. Via MarketWatch.…Read More
With Social Security insolvency looming, reforms will require spreading the burden across current & future generations, says Olivia S. Mitchell of The Wharton School. Via Penn Today. …Read More
The Pension Research Council at the Wharton School of the University of Pennsylvania is pleased to announce that T. Rowe Price has rejoined the Council as an Associate Member for 2023.…Read More
Lifetime income & education levels should inform key financial decisions in retirement, including when to claim social security and how to invest, report Wharton researcher Olivia S. Mitchell, with Goethe University Frankfurt scholars Vanya Horneff and Raimond Maurer. Via InsuranceNewsNet. …Read More
Lacking longevity awareness, many older Americans haven’t saved enough for retirement. Better understanding of retirement risk management could strengthen their financial resilience, according to Wharton Prof. Olivia S. Mitchell, via Knowledge at Wharton.…Read More