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risk management

You Might Live Longer Than You Think. Your Finances Might Not.

People are uninformed about longevity risk, leading them to undersave and over consume, report Abigail Hurwitz of the Hebrew University of Jerusalem and Olivia S. Mitchell of the Wharton School. Via Wall Street Journal.  (Subscription required). …Read More

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February 24, 2023   |   News and Media life expectancy, longevity, retirement, risk management, saving

Life expectancy in the U.S. has declined. What does that mean for your retirement?

Falling U.S. life expectancy ignores longevity dispersion, misleading Americans as they prepare for retirement. A risk-management mindset is needed instead, advise Olivia S. Mitchell of the Wharton School and Moshe Milevsky of York University. Via MarketWatch.…Read More

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February 14, 2023   |   News and Media life expectancy, longevity, retirement, risk management

Why Older Americans Regret Not Saving Early and Enough

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

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January 31, 2023   |   News and Media longevity, retirement, risk management, saving
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