Many American households have no retirement savings, and a majority have too little saved to fund their expected needs. Professors Richard Patterson and William Skimmyhorn look at strategies to boost retirement savings, at the RetireSecure blog.…Read More
State-run auto-enrollment IRAs generate savings for many, and meaningfully boost employee retirement assets, according to John Chalmers (University of Oregon), Olivia S. Mitchell (University of Pennsylvania), Jonathan Reuter (Boston College) and Mingli Zhong (Urban Institute). Via PlanSponsor…Read More
US Senate’s new bipartisan report on financial literacy, urging seniors and people with disabilities to plan for retirement cites research by Profs. Olivia S. Mitchell of Wharton and Annamaria Lusardi of George Washington University and GFLEC. Via Special Committee on Aging.…Read More
What Baby Boomers need to know: “Do RMDs Matter?” Delaying the RMD age does change the timing of tax payments, it mostly affects only those with bequest motives, explains Professor Olivia S. Mitchell of The Wharton School via MarketWatch.…Read More
A new study shows first state-sponsored auto IRA program has positive impact on those who previously lacked access to a plan according to Profs. John Chalmers of University of Oregon, Olivia S. Mitchell of Wharton, Jonathan Reuter of Boston College and Urban Institute Researcher Mingli Zhong via ASPPA.…Read More
Micropensions could help informal sector workers in developing countries as willingness to contribute is high and access is valued, report Profs. Olivia S. Mitchell of The Wharton School and Anita Mukherjee of the University of Wisconsin-Madison via Innovations for Poverty Action.…Read More
ESG investment in retirement plans could grow in the US, but only if key challenges are overcome: a coherent ESG definition, better data, and lower expense ratios, Wharton Prof. Olivia S. Mitchell explains, via WSJ.…Read More
Periods of nonemployment like those caused by the pandemic can have long-term impacts on women’s financial well-being. Working longer and saving more for retirement can mitigate these effects, explains Wharton Prof. Olivia S. Mitchell via PRB.…Read More
Now available for streaming: The Baby Boomer Dilemma, a documentary examining the American retirement system and issues facing Baby Boomers, features experts including Wharton’s Prof. Olivia S. Mitchell https://www.boomermovie.com/ …Read More
Sustainable investing has grown in popularity, yet in the US, the adoption of ESG criteria in retirement plans faces challenges. This year’s Pension Research Council Symposium examined the issues; see Wharton Magazine.…Read More
