retirement Archives

Olivia Mitchell: “La persistente falta de conocimiento financiero ha contribuido al escepticismo de muchos chilenos sobre el sistema de pensiones”

A person wearing a wide-brimmed hat and red sweater walks down a dusty street lined with adobe buildings, holding a walking stick. The scene has a rural, sunny setting.

Poor financial literacy is a major reason why people haven’t saved or invested more, and also why they have withdrawn so much from their pensions, Wharton Prof.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 Soon: The Baby Boomer Dilemma

A person wearing a beige jacket sits on a bench overlooking a scenic view, with a black handbag next to them. A stone wall and tree trunk are nearby.

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

Experts Offer Ideas on Improving Retirement Saving

A person in a plaid shirt and jeans sits outdoors on a log, holding a book. There are cut logs and a tree in the background, suggesting a natural setting.

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

Why Have HECM Reverse Mortgages Been Allowed to Languish?

A person wearing gloves is gardening, using a hand tool to dig a hole in the soil. A potted plant with yellow flowers is nearby, ready for planting.

The Home Equity Conversion Mortgage program attracted only a few of the homeowners who could potentially benefit from it. Jack Guttentag looks at reasons why and considers approaches that might help, at the RetireSecure blog.…Read More

Building a Better Retirement System for All Americans

A person sitting on a wooden dock by a calm lake, surrounded by forest. The scene conveys relaxation and tranquility.

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

Financial Wellness: A Diversity & Inclusion Perspective

A group of people are sitting around a conference table in a modern, glass-walled meeting room. Several laptops are open on the table, indicating discussion or collaboration.

Understanding the effects of age, gender, and ethnicity on financial wellness can help employers offer solutions that better meet their employees’ financial needs, write Surya Kolluri, Kai Walker, and Anna Potts at the RetireSecure blog.…Read More

Integrated Retirement Planning Is Long Overdue

A couple sitting on a rocky cliffside, gazing out at the ocean below.

Retirement plans that integrate financial asset management, deferred annuities, and reverse mortgages can provide more spendable funds over a retiree’s lifespan, according to Jack Guttentag on the RetireSecure blog.…Read More

11 mujeres que “están dejando una huella” en la economía y que el FMI recomienda leer

A person in a blue suit sitting at a desk in an office, surrounded by framed certificates and documents on the wall.

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

Should the Federal Government ‘Green’ Its Pension Plan?

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‘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