Many Americans may not realize that key details around proposed “Trump Accounts” are still unsettled, especially how funds will be invested. Early signals suggest a heavy tilt toward U.S. equity index funds, but calls for broader diversification are growing. Wharton economist Olivia S. Mitchell emphasizes that understanding these limits and pushing for diversified options will be key to retirement security.…Read More
Most Americans don’t realize Social Security benefits could be cut by ~20% in as soon as 6 years if Congress doesn’t act. Wharton economist Olivia S. Mitchell emphasizes that understanding the risks, increasing savings, and making smart claiming decisions now are critical to protecting long-term retirement security.…Read More
President Trump says new child savings accounts can build generational wealth, but Wharton School economist Professor Olivia S. Mitchell emphasizes that consistent contributions and long-term investing are key to realizing meaningful rewards. Thoughtful planning across a long compounding window can assure consistent results.…Read More
