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
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
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
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
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
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
Is Social Security a wealth equalizer? John Sabelhaus’ RetireSecure blog notes that including Social Security in household assets boosts wealth levels but doesn’t alter growing wealth inequality.…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
The 28th Colloquium on Pensions and Retirement Research will be held on 7-8 December 2020.
Co-hosted by CEPAR and the School of Risk & Actuarial Studies, UNSW Business School, this is a unique annual event bringing together academics, government and industry to discuss the latest research on pensions, superannuation and retirement.…Read More
Many retirement savers saw their 401(k) or 403(b) assets shrink this year due to the volatile stock market. Yet declining interest rates are boosting many people’s expected retirement wealth, explains James Mahaney.…Read More
