Can you answer these 3 #financialliteracy questions? Most US adults cannot weforum.org/agenda/2024/04… via World Economic Forum

What attitudes and behaviors have the biggest impact on financial well-being? At today’s TIAA Institute Fellows Symposium, noted scholars present their research findings. #TIAAInstPRC #TIAAInstFellows #BehavioralFinance

Next, Raimond Maurer and Vanya Horneff @GoetheUni and Olivia S. Mitchell The Wharton School report on “Estimating the Effect of Employer #MatchingContributions Offsetting #StudentDebt ” at the #TIAAInstFellows Symposium go.tiaa.org/4d02IiB

#TIAAInstFellows Symposium showing how workers can manage both #DebtRepayment and #RetirementSaving , research by Raimond Maurer and Vanya Horneff @GoetheUni#, Olivia S. Mitchell The Wharton School at go.tiaa.org/4d02IiB

#FinancialResilience refers to how well people respond to #EconomicShocks threatening #EconomicSecurity . Robert Clark NC State University and Olivia S. Mitchell Olivia S. Mitchell PRC The Wharton School develop a resilience index showing how people respond to economic shocks

Listen to a podcast featuring Population Aging Research Center at Penn Research Associate Olivia S. Mitchell discussing Why Financial Literacy is important Olivia S. Mitchell #aging #retirement #finances

Nice series by Knowledge at Wharton celebrating #FinancialLiteracy month! The Wharton School interview we faculty on the importance of #financialliteracy penntoday.upenn.edu/news/wharton-e…

Wow, the Committee on the Status of Women in the Economics Profession does not beat around the bush 🤯

From the latest CSWEP news: 'Focus on Tenured Women Leaving Academia'
- Why Are Women Leaving?
- Gendered Devaluation and Retention
+ more ...

aeaweb.org/about-aea/comm…

DOL Posts Final Rule Defining #Financial #Fiduciaries fundfire.com/c/4489434/5863…

When young people receive financial literacy education, 'they incur less debt, save more, plan more for retirement & understand better what the options are for investment,' shares Olivia S. Mitchell, concluding our #FinancialLiteracyMonth Ripple Effect series: whr.tn/4db9mmj

Thanks for the great questions during my latest interview, about Why #FinancialLiteracy Is Important! The The Wharton School Knowledge at Wharton Ripple Effect podcast is here: whr.tn/4dbYlky

What would it take to improve your finances this #FinancialLiteracyMonth ? For many, the first answer is time.

Prof. @WDeLaRosa advocates for taking a “financial health day” to reevaluate on a regular basis, leading this month's Insights newsletter. whr.tn/3TZRNy0

For those asking why I'm so willing to eat my hat (or your shoe, or pretty much anything), here's the answer:

Today, just 13.8% of seniors receive 90%+ of their incomes from Social Security, about 1/3rd the share this study claims for younger Boomers.
ssa.gov/policy/docs/wo…

Underfunded #publicpensions are driving some of this, sadly.
economist.com/briefing/2024/…

Why Staying in Your #401(k) After #Retirement Makes Sense, via @WhartonKnows PRC knowledge.wharton.upenn.edu/article/why-st…

Always a delight to participate in a PhD defense! Proud of Min Kim and her interesting dissertation.

Bad news: Peru Allows people to take out $7 B from their #Pension accounts. Old age poverty looms. au.finance.yahoo.com/news/peru-pass… via Yahoo Finance Australia

Team Scientist podcast roundup:
- Todd Rogers on Lawyerist: hubs.ly/Q02qbWx80
- Olivia S. Mitchell on IMFPodcast: bit.ly/3TTwEWm
- Mary C. Murphy (marycmurphy.bsky.social) on The ONE Thing: bit.ly/3PHET59 & Remarkable People with Guy Kawasaki: bit.ly/3Pe9xDe

With life expectancy steadily rising & pension systems doomed to fall short, the prospects for an early #retirement are fading fast. Professor Olivia S. Mitchell discusses the challenges of today’s economy for Americans planning their golden years via IMF.

whr.tn/3VU4fAC

I just found out that Co-Intelligence, my book on AI, just made the New York Times bestseller list! It is very exciting, and thank you to everyone who has read it.

You can get it here: penguinrandomhouse.com/books/741805/c…

There's a companion site with free resources: moreusefulthings.com