Description: The Society of Actuaries Research Institute’s Aging and Retirement Strategic Research Program is pleased to release a collection of essays addressing the impact of inflation on retirement and retirement-related issues.

Description: A collection of essays in response to a call for essays aimed to gather perspectives, opinions and data on how to advance the state of effective retirement planning to assist individuals, actuaries, financial advisors, employers, and other stakeholders.

Description: As one highly rated financial firm after another blows up, what is the right conclusion to draw about enterprise risk management ERM? Does the financial crisis of 2008-09 demonstrate its criticality, or does it bring the whole concept into disrepute?

Description: Suggestions on reforms to avert another financial crisis by placing greater emphasis on Board competencies, particularly related to banking and risk management.

Description: This article presents a hypothesis that the market cycles are primarily created by human actions, behavior and assumptions rather than by random variables. An analysis of main financial events over the last decade reveals that: a Every one of these events has had a human touch b The current financial crisis is an aftermath of the excessive economic boom during this period and c A new economy must emerge from human ingenuity and innovation.

Description: This article focuses on the family as part of the lifetime security safety net. It looks at several issues, research and seniors' expectations.

Description: The essay describes an application of “Do Jumps Matter in the Long Term? A Tale of Two Horizons,” by Jean-François Bégin and Mathieu Boudreault, published in the North American Actuarial Journal online Jan 5, 2021

Description: When regulators examine financial institutions, one of the most important areas on which they focus is capital requirements. This essay argues that we can’t push for neither too high nor too low default probabilities. Regulate too high and you introduce rigidity to the system: you choke the economy. Regulate too low and you introduce softness in your foundations: they cannot for long sustain the economy. Therefore, regulation should be set to provide a 'window for business'.

Description: Retirement income can be provided by Social Security, employer-provided pension plans, personal savings and family support. With the growth of Social Security and employer-provided pensions, and the decline in birth rates and marriage rates, the role of families in the U.S. retirement system has declined.

Description: Essay recommending establishing a consistent and actuarially sound foundation for assessing the costs and benefits of each and every current and new Medicare or other healthcare proposal.