Pension Research Council News

Global financial literacy levels remain low, and early intervention with better programs can enhance financial decision-making and wellbeing, report Annamaria Lusardi of GWU and GFLEC and Olivia S. Mitchell of the Wharton School and the Pension Research Council, via NPR. Read More

Congratulations to Wharton Professor and Director of the Pension Research Council, Olivia S. Mitchell, named a 2023 Distinguished Fellow by the American Economic Association (AEA). The AEA Distinguished Fellow award recognizes the lifetime research contributions of distinguished economists. Read More

Understanding personal finance and risk management matters for financial wellbeing, yet many lack basic financial knowledge report researchers Annamaria Lusardi of the George Washington University School of Business and Olivia Mitchell of the Wharton School, via the Star Tribune. Read More

Financial illiteracy and debt are key factors constraining retirement readiness, report researchers Andrea Hasler and Annamaria Lusardi of George Washington University, and Olivia S. Mitchell of the Wharton School, via Think Advisor. Read More

Saving rates are at historic lows and may drop further. With inadequate reserves and a looming recession, households face the risk of depleting their saving to cover debts and emergency expenses, warns Wharton Professor Olivia S. Mitchell, via The Miami Times. 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