Boomer Mortgage Debt Could Dampen Economy
A growing number of homeowners are reaching retirement age still owing money on their houses, causing a squeeze on other spending.
Don’t Break Our Thriving 401(k) System, Groups Urge Government
Wharton’s Olivia Mitchell weighs in on a study by three benefits groups calling 401(k)s a success and telling tax reformers to stay away.
Congressional Committee Addresses ‘Retirement Crisis’
The Special Committee on Aging met recently to hear testimony on the “State of the American Senior: The Changing Landscape for Baby Boomers.”
Olivia Mitchell: You Might Live to 100. Will Your Money?
Wharton professor Olivia Mitchell and Stephen Utkus of Vanguard on how investors can prepare for increasing likelihood of long life spans.
Investing for a Lifetime With Life-Cycle Investing
A decade ago, Paula H. Hogan had one of those incredible a-ha moments. It was profound, with deep implications for the advisor’s business—perhaps even for the entire financial services industry.
T. Rowe Social Security Calculator Shows Strategies to Boost Benefits
T. Rowe Price's Benefits Evaluator helps advisors calculate the goals-based annual dollar amount that clients stand to claim from Social Security under a variety of scenarios.
Olivia Mitchell: Saving Social Security, With Lessons From Down Under
The Wharton professor offers a unique policy proposal, inspired by programs overseas, that would strengthen Social Security without raising costs or cutting benefits.
Advisors’ Mistakes on Social Security Advice Hurt Widows
A new study finds advisors tend to overlook the complex interactions of retirement, spousal and survivor benefits. The result is especially detrimental to widows, says Andrew Biggs of the American Enterprise Institute.
Olivia Mitchell, Kent Smetters, Others Reveal Holes in Retirement Advice
Surveys show millions of people want to discuss retirement with a professional advisor. But a forthcoming book edited by Olivia Mitchell and Kent Smetters points to barriers to advice in the retirement marketplace.
4 Misconceptions About Financial Advice From a Veteran Advisor
Paula Hogan has read the theoretical literature, and she’s contributed to it. She has also compared these theories to life in the advisor trenches and has some advice for her advisor peers.