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
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
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
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
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
If pension funds are to incorporate ESG principles in their investment decisions, they must consider several risks and challenges. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran provide takeaways from the PRC 2021 Symposium.…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
Retirees and near-retirees should find out if they live in an area at increased risk of natural disasters due to climate change, and what steps they can take to protect their home, Wharton Prof. Olivia S. Mitchell says, via CBS MoneyWatch.…Read More
