Since many individuals are required to manage their own retirement portfolios, policy levers that aid in retirement planning and saving have become increasingly important.
Since many households lack the ability to weather unexpected financial shocks, how has the pandemic thus far affected Americans’ financial stability?
Over the past 40 years, household debt levels have risen substantially in the United States.
The number of older Americans has risen dramatically in recent decades, and they are taking increasing responsibility for managing their accumulated wealth.
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.