Wealth Inequality and Retirement Preparedness: A Cross-Cohort Perspective

Wealth inequity by age is rising over time, making Social Security solvency especially important for cohorts with modest lifetime earnings and little wealth accumulation, report researchers John Sabelhaus of the Brookings Institute and Alice Henriques Volz of the Federal Reserve Board, via RetireSecure Blog.  [Study here.]Read More

Financially Frail Boomer Women

Baby Boomer women – now in their 50’s and 60’s – are doing worse financially than older women in the 1990s. My new research with Professor Annamaria Lusardi explains why, using national representative survey data from the Health and Retirement Study and the National Financial Capability Study. We track changes in older women’s work plans and debt burdens, along with the links to financial literacy and debt stressors.Read More