Lower employment, marriage, and home ownership among Millennials expected to cause more retirement insecurity, explain researchers Richard Johnson and Karen Smith of the Urban Institute via Plansponsor. …Read More
COVID-19 changed Americans’ lives and created much uncertainty. Greater retirement system challenges will follow, explains Anna Rappaport via the RetireSecure Blog. …Read More
Poor financial literacy is a major reason why people haven’t saved or invested more, and also why they have withdrawn so much from their pensions, Wharton Prof. Olivia S. Mitchell explains, discussing the struggles of the Chilean retirement system. Via La Tercera.…Read More
Coming October 14: The Baby Boomer Dilemma, documentary examining the American retirement system and the issues facing Baby Boomers, features experts including Wharton Prof. Olivia S. Mitchell. Watch the trailer here.…Read More
Building financial literacy into retirement planning could boost saving, notes Wharton Prof. Olivia S. Mitchell at the recent Brookings Institution webinar on strengthening the retirement system. Via NAPA.…Read More
Wharton Prof. Olivia S. Mitchell joined the recent Brookings Institution Retirement Security Project event focused on the challenges facing retirement policy: “Building a Better Retirement System for All Americans.” Watch at https://brook.gs/3ATvaPK…Read More
The IMF names Wharton Prof. Olivia S. Mitchell to its recommended reading list of 11 women leaving their marks on the global economy, via Chile’s Diario Financiero [PAYWALL]…Read More
‘Greening’ a pension may help reduce one’s carbon footprint, and younger Americans are increasingly interested in ESG investments. Yet fiduciary rules and unknowns about the long-term performance of such assets have led the US to lag Europe in adopting ESG principles, Wharton Prof. Olivia S. Mitchell explains, via Knowledge@Wharton.…Read More
Climate change has an impact on retirement, whether it means people choosing to invest their savings in green companies and funds, or having to consider the risk of natural disaster where they live in retirement, Wharton Prof. Olivia S. Mitchell explains to Dan Loney of Wharton Business Daily.…Read More
The COVID-19 pandemic will likely have longer-term economic effects, as people fearing financial fragility are less likely to save more for retirement or to annuitize their retirement savings: new research from Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade.…Read More
