Many people have only a vague notion of the concept of longevity risk, which in turn implies they are likely to save too little for retirement and have a low demand for longevity insurance products.
What makes a market for annuity contracts successful, and what are the key demand and supply constraints that affect the performance of such a market?
Behavioral researchers have explored a variety of potential “nudges” designed to increase retirement savings. But selecting from among different approaches can be surprisingly difficult.
Women increasingly are using gig work as a supplemental source of income. What does it mean for their retirement security?
As policymakers, financial services firms and individuals turn their attention to the decumulation phase of retirement saving, annuities are gaining renewed interest.
There is mounting evidence of minorities’ financial struggles and persistent wealth gaps compared to whites, along with substantial gender differences in indicators of financial wellness.
How will COVID-19 affect retirement patterns among senior faculty and how can institutions respond?
The starting age for required minimum distributions from tax-qualified retirement plans was raised in 2019 from 70.5 to 72. How might this change affect household financial behavior?
Recognizing households’ needs for flexibility, while discouraging overconsumption, how much liquidity should be built into a socially optimal savings system?