The Coronavirus pandemic is hurting Americans’ retirement savings. How the Social Security benefit formula is computed could pose another threat to some near-retirees, says Andrew G. Biggs.…Read More
Greater financial literacy could help most of us, especially when it comes to retirement planning! Prof. Benedict Koh discusses his results on financial literacy in Singapore in study coauthored with Olivia S. Mitchell and Susann Rohwedder, via Business Times.…Read More
Treasury Inflation Protection Securities better protect against inflation than stocks, says Wharton Prof. Olivia S. Mitchell in “Best Investment Apps for 2020” via CreditDonkey.…Read More
Ultra-low, negative interest rates are a reality, maybe for years to come: This changes how people save and invest. “Save more, work longer, expect less,” recommends Prof. Olivia S. Mitchell of Wharton to AP News.…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
Mark Hulbert of MarketWatch cites new work by Wharton’s Prof. Olivia S. Mitchell & Stephen P. Utkus of Vanguard, showing that using target-date funds as 401(k) plan defaults makes participants far more likely to invest in them. …Read More
Taxing contributions to retirement accounts, or “Rothification,” boosts tax revenue in the short term. However, it would harm workers in the longer term, particularly the lower-paid, report Profs. Olivia S. Mitchell of Wharton and Raimond Maurer of Goethe University Frankfurt in the Wall Street Journal, citing their study.…Read More
Another recession by end-2021 predicted by 7 of 10 economists: Prof. Olivia S. Mitchell outlines steps you can take now to shore up your retirement savings and overall finances with Dan Loney on the Wharton Business Daily podcast. …Read More
Thanks to increased longevity and low investment returns, younger generations will need to contemplate 50-year careers instead of the traditional 25-30, says Olivia S. Mitchell of Wharton at Business Insider.…Read More
2019 was a busy year in the realm of retirement. Here are some of our most popular posts, papers, videos and news items for the year.…Read More
