financial security Archives

Understanding and Addressing Trends in Racial Disparities in Retirement Security

The image shows two miniature figures in business attire standing on stacks of coins of varying heights. A wooden ladder connects two of the stacks. This represents economic disparity or inequality.

Racial disparities threaten many Americans’ financial security, but effective policies could mitigate these challenges and help families build a secure retirement foundation, explain Karen Dynan and Doug Elmendorf of the Harvard Kennedy School, via RetireSecure Blog.…Read More

Women’s Guide to Building Wealth (2024)

Hands typing on a laptop, with a notebook, pen, and coffee cup nearby, on a pink background. Text reads "Women''s Guide to Building Wealth: Tips to Succeed" by Raina He, MarketWatch.

The gender wage gap, motherhood penalty, and lower credit scores can hinder retirement wealth building, shows Professor Olivia S. Mitchell in recent MarketWatch piece. Despite these obstacles, women can enhance their financial paths.…Read More

The Future of Retirement

A person working on a laptop at a café table with a bright orange cup, notebooks, and a vase of orange flowers. The background has a yellow bench and a brick wall.

Workplace changes, economic shifts, technological advances, evolving family dynamics, and the aging population are among the megatrends reshaping work, retirement, and financial security, explains Anna Rappaport of the Society of Actuaries, via the RetireSecure blog. …Read More

The Baby Boomer Dilemma

Now available for streaming: The Baby Boomer Dilemma, a documentary examining the American retirement system and issues facing Baby Boomers, features experts including Wharton’s Prof. Olivia S. Mitchell https://www.boomermovie.com/ …Read More

Unexpected Risks and Retirement Planning

A small child in a winter coat and hat sits on the edge of a flooded street, looking at the water and swans swimming nearby.

Societal risks such as climate change, pandemics, and financial volatility can have long-term effects and challenge retirement planning and financial resilience, writes Anna M. Rappaport at the RetireSecure blog.…Read More

Pandemic spurs look into women’s financial well-being before the crisis

An older person and another individual wearing a face mask are leaning against a railing, looking thoughtfully into the distance, in an outdoor setting with greenery.

Black and Hispanic women face greater economic challenges than white women in both good times and bad, according to new research by Wharton Prof. Olivia S. Mitchell, Prof. Robert Clark of North Carolina State University, and Prof. Annamaria Lusardi and Hallie Davis of George Washington University. Via Pensions & Investments.…Read More

Building—and Using—Emergency Savings Helps to Create Lifetime Financial Security

Two people walking down a hospital hallway, one assisting the other who is using a cane.

Maintaining and using a separate emergency savings account helps make households financially stronger and better able to save more for retirement, writes David John via the RetireSecure blog.…Read More

Why pandemic forced baby boomers to rethink retirement plans

A person wearing a hat and striped shirt stands with arms crossed, a mask resting on their chin, in front of a large tree with exposed roots.

Common wisdom once held that retired boomers could safely withdraw 4% of their savings per year, but now with rising longevity and healthcare costs, and low returns, that’s too risky, says Wharton Prof. Olivia S. Mitchell via the Christian Science Monitor.…Read More

Millennials and Financial Resilience

A person wearing a hat sits in an office chair at a desk, using a computer. A large dog is beside them, looking up. The setting is a cozy, rustic office space.

Millennial and Gen Z adults lagged behind in retirement savings even before the pandemic, but after the past year’s economic hardships, many are now more committed to putting their finances in order, writes Jeanne de Cervens at the RetireSecure blog.…Read More

TIAA Call for Submissions – 2020 TIAA Paul A. Samuelson Award

The TIAA Institute invites you to submit an entry for the 2020 TIAA Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.…Read More