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
Many adults struggle to understand key financial concepts, leaving them unprepared to navigate today’s complex economy. Wharton Professor Olivia S. Mitchell, an expert on retirement and financial literacy, has new research showing that short two-minute stories can effectively boost financial knowledge—offering a low-cost, scalable solution to help close the literacy gap.…Read More
Many Americans are financially illiterate, not having been taught basic money facts when young; half of adults get simple money questions wrong. Wharton professor Olivia S. Mitchell stresses the importance of early financial education, highlighting the powerful role parents and educators play in shaping kids’ money mindsets.…Read More
