retirement Archives - Page 6 of 31 - Pension Research Council

Pension Pooling and the Randomness of Age

Hands hold a necklace with letter beads spelling "Age is just a number" over a cream knit sweater, symbolizing a positive outlook on aging.

Should chronological or biological (risk-adjusted) age drive retirement claiming? Longevity research suggests the latter, per Prof. Moshe A. Milevsky of York University, via RetireSecure blog. …Read More

Why Older Americans Regret Not Saving Early and Enough

An older couple standing on a beach, with one embracing the other. They appear relaxed and are gazing into the distance, suggesting a moment of tranquility and connection.

Lacking longevity awareness, many older Americans haven’t saved enough for retirement. Better understanding of retirement risk management could strengthen their financial resilience, according to Wharton Prof. Olivia S. Mitchell, via Knowledge at Wharton.…Read More

The death question: How to talk to clients about their life expectancy

A bar graph with an upward trend line, stacks of coins symbolizing financial growth, and miniature figures representing people.

Prompting people to think about longevity can positively affect their financial decisions and plans for the future, says Olivia S. Mitchell of Wharton’s Pension Research Council, via FinancialPlanning. …Read More

Who Benefits Most From Annuity Purchases?

A computer keyboard with a blue key labeled "Deferred Annuity," representing a financial product or investment concept.

Including deferred income annuities in DC accounts can enhance retiree financial well-being, report researchers Vanya Horneff and Raimond Maurer of the Goethe University Frankfurt, and Olivia Mitchell of the University of Pennsylvania. Via ThinkAdvisor. …Read More

“Financial Less Is More:” An Experimental Study of Financial Communication

A person holding a tablet displaying "Retirement Plan" surrounded by graphs, charts, a magnifying glass, eyeglasses, and a cup of coffee, representing financial planning.

Pension participants make better decisions about their financial futures when they get digital plan statements, show researchers Abigail Hurwitz of the Hebrew University, Eval Lahav of The Open University of Israel, and Yevgeny Mugerman of Bar-Ilan University, via RetireSecure blog. …Read More

Spending bill aids retirees, and boosts financial industry

Text excerpt from the "SECURE 2.0 Act of 2022," detailing the short title and amendments to the 1986 Internal Revenue Code.

Secure 2.0’s passage to most impact workers at companies with matches in their retirement plans, says Olivia S. Mitchell of the Wharton’s Pension Research Council via Los Angeles Times.…Read More

How the Older Workforce and Early Retirees Fared During the Covid-19 Pandemic Recession

A group of people wearing blue "Volunteer" shirts are working together to pack food items, such as apples and bottled water, into boxes under a canopy. This represents a community service or charity event.

The US safety net provided significant support to older Americans during the pandemic find Profs. Robert A. Moffitt of Johns Hopkins University and James P. Ziliak of the University of Kentucky via RetireSecure blog.…Read More

Aon Agreed to Act as a Fiduciary to PSERS. Does it Matter?

A school hallway with a row of closed lockers on the right and a bright, empty corridor extending into the distance.

Pension plan investment consultants must oversee accurate data entry, and PSERS case points to inadequate internal processes and standards of care, notes Wharton Professor Olivia S. Mitchell via FundFire. (Account required)…Read More

Robinhood Retirement Plan Viewed with Skepticism by Some Analysts

A piggy bank with googly eyes and a sticky note labeled "IRA" attached, symbolizing savings or investments for an Individual Retirement Account.

Though Robinhood’s 1% IRA match an attractive idea, without access to mutual funds, investing options could be confusing for many, suggests Prof. Olivia S. Mitchell of the Wharton School via TheStreet. …Read More