The number of older Americans has risen dramatically in recent decades, and they are taking increasing responsibility for managing their accumulated wealth.
Lifetime Income & Retirement Security
Since the onset of COVID-19, 22% of the full-time higher education workforce have become less confident that they will have enough money to live comfortably throughout retirement. At the same time, 9% have become more confident.
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?
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?