Our newest volume Pension Funds and Sustainable Investment: Challenges and Opportunities is now available open access via Oxford University Press.…Read More
Pension Funds and Sustainable Investment: Challenges and Opportunities – Update
investment
Health Savings Accounts through a Gender Lens
Health Savings Accounts (HSA) have grown over the past 16 years, providing retirees with added financial security, explain Nevenka Vrdoljak and Susan Feng of Bank of America. Via RetireSecure blog.…Read More
Should I stay or should I go: When does it make sense to stay in my employer 401k plan after retirement?
Though IRAs can provide great investment options and sophisticated advice for retirees, many may benefit from remaining in company 401(k) plans after leaving their jobs, explains Catherine Reilly, retirement and investment expert, via RetireSecure blog.…Read More
How would 401(k) ‘Rothification’ alter saving, retirement security, and inequality?
Taxing 401(k) contributions versus payouts will alter saving, investment, consumption, & Social Security claiming. But there’s little rationale for policymakers to favor taxing pension contributions versus pension payouts, on egalitarian or revenue-enhancing grounds. Research by Vanya Horneff and Raimond Maurer of Goethe-Universität Frankfurt, and Olivia S. Mitchell of The Wharton School via Journal of Pension Economics & Finance.…Read More
How Much Private Equity Is Too Much for a Public Pension?
Wharton Professor Olivia S. Mitchell dubious that pension funds should move massively into private equity investments, via Chief Investment Officer. [Registration required]…Read More
Andrew Yang explains how to get more Americans in the stock market
Andrew Yang says boosting financial literacy requires giving people money to invest. But Profs. Olivia S. Mitchell of Wharton and Annamaria Lusardi of George Washington University say young people need more than just playing a ‘stock market game’ (see their study). Via Yahoo News.…Read More
Best Investment Apps for 2020
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
Good Advisors Will Speak Our Language
Now that I’m retired, I’m finding that my wife and I are engaging in different financial conversations with our advisors than we did earlier in life. I believe that this new perspective should drive how a successful advisor talks to us, as well as many other older couples and individuals.…Read More
A Financial Literacy Test That Works
Brokers, financial advice providers, and many others need to test peoples’ ability to manage their money. Nevertheless, there are some who debate such tests arguing that they aren’t useful for predicting behavior. But our work has confirmed that there actually IS a short and very effective diagnostic financial literacy test that can be used to measure financial know-how and predict behavior.…Read More
Three Cheers For Financial Literacy
Since 2000, the Programme for International Student Assessment (PISA) coordinated by the Organization for Economic Cooperation and Development (OEDC) has assessed the reading, math, and science knowledge of 15-year-olds around the world every three years. More recently, since 2012, the program has also measured teen’s financial literacy. The latest findings just released by the OECDs provided small – but consequential – reasons for celebration.…Read More