RetireSecure Blog

The Pension Research Council’s curated blog features insights from the industry’s leading professionals. Views of our Guest Bloggers are theirs alone, and not of the Pension Research Council, the Wharton School, or the University of Pennsylvania.

Why Have HECM Reverse Mortgages Been Allowed to Languish?

The Home Equity Conversion Mortgage program attracted only a few of the homeowners who could potentially benefit from it. Jack Guttentag looks at reasons why and considers approaches that might help, at the RetireSecure blog.Read More

Financial Wellness: A Diversity & Inclusion Perspective

Understanding the effects of age, gender, and ethnicity on financial wellness can help employers offer solutions that better meet their employees’ financial needs, write Surya Kolluri, Kai Walker, and Anna Potts at the RetireSecure blog.Read More

Integrated Retirement Planning Is Long Overdue

Retirement plans that integrate financial asset management, deferred annuities, and reverse mortgages can provide more spendable funds over a retiree’s lifespan, according to Jack Guttentag on the RetireSecure blog.Read More

Can Pension Funds Integrate Environmental, Social, and Governance Principles?

If pension funds are to incorporate ESG principles in their investment decisions, they must consider several risks and challenges. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran provide takeaways from the PRC 2021 Symposium.Read More

Why the COVID-19 Pandemic Will Depress Retirement Saving and Income Outcomes

The COVID-19 pandemic will likely have longer-term economic effects, as people fearing financial fragility are less likely to save more for retirement or to annuitize their retirement savings: new research from Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade.Read More

How Environmental, Social, and Governance (ESG) Criteria Have Evolved for Pension Investors

Environmental, social, and governance (ESG) considerations in institutional investing have evolved over the past decades. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran look at the ESG topics raised at the recent PRC Symposium.Read More

Unexpected Risks and Retirement Planning

Societal risks such as climate change, pandemics, and financial volatility can have long-term effects and challenge retirement planning and financial resilience, writes Anna M. Rappaport at the RetireSecure blog.Read More

Building—and Using—Emergency Savings Helps to Create Lifetime Financial Security

Maintaining and using a separate emergency savings account helps make households financially stronger and better able to save more for retirement, writes David John via the RetireSecure blog.Read More

2021 PRC Symposium Report: “Sustainable Investment in Retirement Plans: Challenges and Opportunities”

The Pension Research Council’s 2021 Symposium, “Sustainable Investment in Retirement Plans: Challenges and Opportunities,” cohosted by Brett Hammond of Capital Group, Raimond Maurer of Goethe University Frankfurt, and Wharton Prof. Olivia S. Mitchell, was held online April 29-30, 2021. Here are some of the highlights from the event.Read More

Millennials and Financial Resilience

Millennial and Gen Z adults lagged behind in retirement savings even before the pandemic, but after the past year’s economic hardships, many are now more committed to putting their finances in order, writes Jeanne de Cervens at the RetireSecure blog.Read More

Reboot, Rewire, or Retire: The Future of Phased Retirement

Opting for phased retirement? Find your own path for fulfillment, and a ‘life portfolio’ is as important as a financial portfolio, involving health, and the people, places, and activities you value, explains Anna Rappaport. Via the RetireSecure blog.Read More

Senate Throws a Pension Curveball

Many multiemployer pensions were already severely underfunded; the just-passed budget bill reduces penalties for employers withdrawing from those plans. Aharon Friedman believes potential consequences will be dire. Via the RetireSecure blog.Read More