Interest rates will likely remain very low for some time, so people will need to save more for retirement and probably work longer, says Wharton Prof. Olivia S. Mitchell, via the Wall Street Journal.…Read More
Interest rates will likely remain very low for some time, so people will need to save more for retirement and probably work longer, says Wharton Prof. Olivia S. Mitchell, via the Wall Street Journal.…Read More
Better longevity risk and long term care data, information on delaying retirement, and making retirement saving more mobile across firms could strengthen retirement systems in a post-COVID world, says Wharton Prof. Olivia S. Mitchell in interview with Kerry Pechter at Retirement Income Journal.…Read More
It’s never too early to think about retirement planning! These 10 questions from Wharton Prof. Olivia S. Mitchell can help you evaluate the challenges involved. Via CNBC.…Read More
“The P-Fin Index: Four Years of Data to Understand Personal Finance in America”: Prof. Annamaria Lusardi of the George Washington University School of Business and the PRC Advisory Board 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
Retirement systems were fragile even before the COVID-19 pandemic, but exploding unemployment, pension underfunding, and very low returns make the problems more urgent. New PRC working paper “Building Better Retirement Systems in the Wake of the Global Pandemic” by Wharton Prof. Olivia S. Mitchell discusses possible solutions, via PlanSponsor.…Read More
Pension plans at greater risk in the wake of COVID-19, but there are opportunities to build better systems if policymakers provide better data, enhance financial literacy, says Wharton Prof. Olivia S. Mitchell in her new working paper, cited in ThinkAdvisor.…Read More
Longer lives mean greater risk of outliving retirement savings, but public-private partnerships can help make up the shortfalls. Wharton Prof. Olivia S. Mitchell and Surya Kolluri of Bank of America co-hosted the Pension Research Council’s recent Symposium and outlined options with Knowledge@Wharton.…Read More
Financial literacy can help improve retirement planning and reduce debt at older ages, reports Retirement Daily, citing study by Annamaria Lusardi, Olivia S. Mitchell, and Noemi Oggero.…Read More
Withdrawing assets from retirement accounts has tax implications, can lead to a poorer retirement, and should only be done as a last resort, confirms Wharton Prof. Olivia S. Mitchell, interviewed by Knowledge@Wharton.…Read More