retirement preparedness Archives

A rude awakening: Lack of financial literacy hurts the young. What about older people?

A person with short gray hair and glasses sits on a leather sofa, holding a laptop and gazing thoughtfully into the distance.

Wharton Professor Olivia S. Mitchell reminds us that financial literacy isn’t just for the young – without it, we also face retirement risk. Learn about financial literacy for aging retirees here.…Read More

Pension Funds and Sustainable Investment: Challenges and Opportunities – Update

The image is a book cover titled "Pension Funds and Sustainable Investment: Challenges and Opportunities." It is edited by Brett Hammond, Raimond Maurer, and Olivia S. Mitchell. The design features a classical figure holding a cornucopia against a

Our newest volume Pension Funds and Sustainable Investment: Challenges and Opportunities is now available open access via Oxford University Press.…Read More

Young Adults Perspectives on Global Issues versus Personal Finance

A small group of people having a meeting or consultation. An older person with short white hair is discussing documents with two younger individuals, seated on a sofa. A laptop and glass of water are visible.

Young adults are committed to solving global problems yet they are less optimistic and less engaged in financial matters. Financial education, retirement planning, and workplace benefits participation can help manage financial stress and improve long-term outcomes for this cohort, report Surya Kolluri and Emily Watson of the TIAA Institute and Jeanne de Cervens of the Georgetown University McDonogh School of Business. Via RetireSecure blog. …Read More

Customized Benefits, Financial Literacy Are Key to Closing the Racial Retirement Savings Gap

A person working at a table with a laptop, analyzing charts on paper, in a bright living room. A mug is visible in the foreground.

Employee financial wellness programs and IRA auto-enrollment help address racial disparities in retirement preparedness, explains Wharton Prof. Olivia S. Mitchell, via Plansponsor.…Read More

Racial, Ethnic, and Gender Gaps in Retirement Knowledge among Older Adults: What Do We Know?

An illustration of three people sitting closely on a bench, showing a sense of togetherness and family.

Differential access to employer-provided retirement plans is a key indicator of racial, ethnic, and gender disparities in retirement preparedness, find researchers Luisa Blanco of Pepperdine University and Ron Hays of UCLA Department of Medicine, via RetireSecure blog. …Read More