Six Books to Understand Business Innovation: Our recent PRC volume The Disruptive Impact of FinTech on Retirement Systems chosen by Oxford University Press!…Read More
Six Books to Understand Business Innovation
retirement
Target Date Funds a Game-Changer for Plan Member Outcomes
Target date funds are game-changers for retirement plan member outcomes: Higher returns with lower risk, for minimal effort. Canadian Investment Review cites recent study by Prof. Olivia S. Mitchell of Wharton and Stephen P. Utkus of Vanguard.…Read More
Defined Contribution Pensions Left Behind
Many defined benefit pensions and investment companies are seeking sustainable investment options, while defined contribution plans lag behind, says Catherine Reilly.…Read More
How to Recession-proof Your Retirement
Despite financial unknowns and a changing retirement landscape, there are steps you can take to improve your retirement security, explains Prof. Olivia S. Mitchell to Knowledge@Wharton: make a budget, be realistic, know your options.…Read More
Seniors Deal with the Harsh Reality of Debt
40% of older Americans dealing with debt, rising housing costs, student loans, and medical expenses, explains Wharton’s Olivia S. Mitchell to Chris Taylor of Reuters. Delaying retirement can help.…Read More
Research Shows Positive Effects of TDFs
Target date funds can pay retirement savers higher returns with lower risk, report Wharton Prof. Olivia S. Mitchell and Stephen P. Utkus of Vanguard in their new study. Including them as defaults on plan menus can boost retirement wealth by half, over a 30-year horizon cited by Plansponsor.…Read More
Proposed Chilean Pension Reforms are Not Enough
Prof. Olivia S. Mitchell served on the 2014-5 Chilean Pension Reform Commission, explains that proposed pension reforms thus far will help but not solve Chile’s old-age system problems. Diario Financiero [paywall]…Read More
Can You Recession Proof Your Retirement Accounts?
Another recession by end-2021 predicted by 7 of 10 economists: Prof. Olivia S. Mitchell outlines steps you can take now to shore up your retirement savings and overall finances with Dan Loney on the Wharton Business Daily podcast. …Read More
Younger Generations are Redefining Retirement on Their Own Terms
Thanks to increased longevity and low investment returns, younger generations will need to contemplate 50-year careers instead of the traditional 25-30, says Olivia S. Mitchell of Wharton at Business Insider.…Read More
Will the SECURE Act Open the Dam for Longevity Annuities?
Though favored by academics and policymakers, annuities are less popular than other retirement plan options. Yet the recent SECURE Act may change that, according to Matt Carey.…Read More