Debt Delinquency Among Older Americans: A Growing Challenge for Retirement Security

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Older Americans in racial/ethnic communities are struggling with debt in retirement, highlighting the role for targeted interventions to ensure more equitable retirement outcomes and improve retiree financial security, explains Senior Research Associate, Mingli Zhong of the Urban Institute, via the RetireSecure blog.Read More

Prof. Olivia S. Mitchell Presents at the 8th International Pension Research Association (IPRA) Conference

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Wharton Professor Olivia S. Mitchell discussed her research on “How the Pandemic altered American’s Debt Burden and Retirement Readiness” at the 8th International Pension Research Association (IPRA) Conference, June 14, 2023.  This paper was co-authored with Annamaria Lusardi and Andrea Hasler of George Washington University and GFLEC.Read More

Older Women Live Longer, But With More Disability and Financial Challenges Than Men

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The median debt-to-income ratio has risen dramatically in recent years for adults close to retirement age, and more women close to retirement plan to keep working longer, according to research by Annamaria Lusardi of the George Washington University, Wharton Prof. Olivia S. Mitchell, and Noemi Oggero of the University of Turin, cited in PRB. See Lusardi, Mitchell, and Oggero, “Debt and Financial Vulnerability on the Verge of Retirement” via NBER.Read More