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In a recent Risking Old Age in America podcast, I had a fascinating discussion with Israel (Issi) Doron, chair of the Department of...
Social Security is really important for older Americans. Every now and then, I am asked how dependent people are on...
Topics
This year’s Social Security Trustees Report has taken a major step towards offering a more realistic assessment of Social Security’s financial status. Unfortunately, the Trustees “offsetting” assumptions mask the full impact of their important changes…
Since the launch of ChatGPT in November 2022, AI’s potential impact on labor markets has been a growing worry. This concern has centered on the replacement of workers, with a special focus on younger…
Medicare receives too little attention. While the Trustees’ Report on Social Security makes headlines, commentary on Medicare is relegated to the back pages. Yet Medicare is a huge and growing program, operating in an expensive environment…
CRR IN THE NEWS
BLOOMBERG LAW
President Donald Trump’s interest in partially adopting the Australian retirement system will meet legislative hurdles and resistance from employers whose buy-in will primarily hinge on how much it will cost.
CNBC
Artificial intelligence has prompted concerns that workers – particularly young professionals – could be replaced by advancing technology. Yet signs are emerging that older workers are also affected.
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CRR PARTNERSHIP PROGRAM
Partnership with the Center for Retirement Research (CRR) provides instant access to valuable, independent research. In building a relationship with its supporters, the CRR seeks to gain their perspective on retirement income issues and to secure data to advance the goals of the CRR’s research programs. The Partnership Program offers the following benefits: Annual members…
PARTNERSHIP WITH JACKSON NATIONAL
This initiative identifies the major risks that people face as they approach retirement, seeks to understand their perceptions of those risks, measures the potential harm from the risks, and evaluates ways to mitigate them. These risks include: longevity, inflation, health, market, policy, and family. The CRR gratefully acknowledges Jackson National Life Insurance Company for supporting…
RETIREMENT PLAN ACCESS
The main reason that U.S. workers end up with inadequate retirement savings is that, at any given time, only about half of workers ages 25-64 are participating in an employer-sponsored pension (see Figure 1)…
Review a comprehensive list of policy options for changing Social Security, published by the program’s actuaries…
This newsletter highlights new research on married couples’ 401(k) saving, the latest on Social Security’s finances, and the impact of AI on older workers. Check out these briefs and more!…