More financial literacy can produce better financial outcomes, as in the new Journal of Pension Economics and Finance Special Virtual Issue on ‘Developments in Financial Literacy,’ with an intro by Wharton Prof. Olivia S. Mitchell.…Read More
The 2020 OECD Pensions Outlook provides policy guidelines to strengthen retirement systems post-pandemic. The book launch featured a virtual roundtable discussion including Wharton’s Prof. Olivia S. Mitchell.…Read More
Financial literacy can guard against financial fragility, reports new study by Profs. Olivia S. Mitchell of Wharton, Annamaria Lusardi of George Washington University, and Robert Clark of NC State Poole College of Management, cited in Report Door.…Read More
Recalibrating retirement planning for our times: Wharton Prof. Olivia S. Mitchell interviewed by Robert Powell, Jason Fichtner, & Anna Rappaport, discussing possible solutions. Via Retirement Management Journal.…Read More
Low-cost target date funds in retirement plans require minimal effort from savers but can substantially enhance retirement wealth, according to Prof. Olivia S. Mitchell of Wharton and Stephen P. Utkus of Vanguard, in a study discussed by Howard R. Gold of MarketWatch.…Read More
Money-back guarantees on pensions cost a lot, especially in these low-return times, report Olivia S. Mitchell, Raimond Maurer, Vanya Horneff, and Daniel Liebler in their study cited in Retirement Income Journal.…Read More
As more Americans are living longer, public-private partnerships can help strengthen their financial security in later life. Co-moderators Prof. Olivia S. Mitchell of Wharton and Surya Kolluri of Bank of America discuss the 2020 PRC symposium with Wharton Magazine which explored several such partnerships.…Read More
The International Pension Research Association (IPRA) offers monthly webinars on pensions and retirement. The first on “Procrastination, Retirement Savings, and Annuities,” by Dean Jeffrey Brown of the Gies College of Business, University of Illinois at Urbana-Champaign, is here. For information about upcoming IPRA webinars, visit https://iprassn.org/…Read More
Financial wellness programs as an employee benefit have spread of late, but more can be done given COVID-19’s economic effects, explain Kevin Crain, Surya Kolluri, and Sheila Gorman. See our new RetireSecure blog.…Read More
The Federal Reserve will keep near-zero interest rates ‘til at least 2023. But long-term low returns will lead people to save less for retirement, dip into retirement savings, and start drawing social security benefits earlier than planned, causing problems down the line, says Wharton Prof. Olivia S. Mitchell via Penn Today.…Read More
