The next US president faces an economic crisis with no quick solutions. Wharton Prof. Olivia S. Mitchell says that his first priority should be taking the COVID-19 pandemic seriously which will boost the economy, via Newsweek.…Read More
The COVID-19 economic crisis is a perfect storm for retirement savings with near-zero interest rates, early Social Security benefit claiming, some using their retirement accounts to make ends meet, and the looming insolvency of the Social Security Trust Fund: Wharton Prof. Olivia S. Mitchell discusses with Knowledge@Wharton.…Read More
The Federal Reserve plans to keep interest rates at or near zero until at least 2023, and the ongoing economic fallout of COVID-19 puts retirement saving in an even more precarious position. Wharton Prof. Olivia S. Mitchell joins Dan Loney on Wharton Business Daily to discuss what might come next.…Read More
“Building Better Retirement Systems in the Wake of the Global Pandemic”: Wharton Prof. Olivia S. Mitchell, Executive Director of the PRC, gives keynote presentation at the 2020 Conference of the Swedish House of Finance.…Read More
Even before the pandemic, retirement systems were in trouble; fixing them will take a multifaceted effort, including changes to accumulation and payout, a shift in policymakers’ approach, and greater financial literacy among savers, Prof. Olivia S. Mitchell explains to Knowledge@Wharton.…Read More
The COVID-19 pandemic has exposed and worsened retirement system problems. Now it’s time to reform and strengthen those systems, says Wharton Prof. Olivia S. Mitchell at the RetireSecure blog, discussing her recent paper.…Read More
Low savings, low returns, Social Security and Medicare shortfalls: Wharton Prof. Olivia S. Mitchell discusses the increasingly uncertain post-COVID retirement landscape with Erin Arvedlund of the Philadelphia Inquirer.…Read More
The 28th Colloquium on Pensions and Retirement Research to be held in Sydney, Australia, will be held on 7-8 December 2020.…Read More
Low interest rates and population aging will be with us a long time, so reforms are needed to stabilize and strengthen retirement systems. Options include working longer, deferred annuities, and more financial literacy, says Wharton Prof. Olivia S. Mitchell in her new study, cited by Benefits Canada.…Read More
COVID-19 fallout may deplete Social Security reserves sooner than expected, according to new research by the Penn Wharton Budget Model. Working longer can help, even just part-time, Wharton Prof. Olivia S. Mitchell says, via CNBC Make It.…Read More
