Presentation slides and videos from IPRA’s recent session “Pensions and COVID-19: The Global Experience” are now available, including Wharton Prof. Olivia S. Mitchell’s presentation “Building Better Retirement Systems in the Wake of the Global Pandemic.” To join IPRA, sign up here.…Read More
Easing early withdrawals from retirement accounts could put many Americans at financial risk, especially given the looming insolvency of Social Security, explains Wharton Prof. Olivia S. Mitchell in the WSJ, advising caution and greater financial education instead.…Read More
Even pre-pandemic, many older Americans carried substantial debt in student loans, mortgages, and medical bills. Now many are tapping into retirement savings to support loved ones, notes Wharton Prof. Olivia S. Mitchell via WVTF-Radio IQ.…Read More
Many firms are starting to offer financial wellness programs to reduce employees’ financial stress and help them save for retirement, says James Mahaney.…Read More
40% of older Americans dealing with debt, rising housing costs, student loans, and medical expenses, explains Wharton’s Olivia S. Mitchell to Chris Taylor of Reuters. Delaying retirement can help.…Read More
Older Americans are carrying growing levels of debt into retirement. This topic was the main focus of the 2019 Pension Research Council symposium, and debt was also studied in a recent Society of Actuaries (SOA) study entitled “Financial Perspectives on Aging and Retirement Across the Generations.” Both efforts provide important insights into what people say about financial priorities and debt across generations, and both confirm that debt is important in retirement planning. …Read More
