Description: Living beyond ones life expectancy poses many challenges. Among them are financial issues. Though there are products and strategies available that retirees could use to mitigate this financial risk they are seldom used. Reasons range from high cost, lack of awareness of the available options, and general underestimation of longevity risk. This paper poses the question as to whether the federal government can provide a solution to this potential problem in a fair and cost efficient manner. Ideas are presented as well as a discussion of the pros and cons of such a program concept.

Description: This article provides insights from the 2017 PSCA annual meeting and the Pension Research Council symposium on current pension system issues and solutions.

Description: Provides anecdotal information on management of finances for people over age 85. Include quotes from an expert discussion.

Description: This interview provides information on Retirement Health and Happiness, the first in a new series of publications designed to improve retirement literacy.

Description: Description of focus group research conducted in 2013 by the Committee on Post-Retirement Needs and Risks. The purpose of this study was to gain understanding of how people make decisions about when to retire and about managing financial risks in retirement. Eight focus groups of financially resource constrained retirees who had retired voluntarily were interviewed. The report offers many quotes from retirees and a chance to “give a face” to much of what we say about retirement.

Description: Article discusses how middle class Americans are doing in saving for retirement, sources of incomes and results of the Survey of Consumer Finances.

Description: Discusses a wide range of issues related to financial decision making and aging. Includes discussion of cognitive decline, fraud and poor decisions. Brings in role of technology and tools.

Description: This article introduces the Retirement Probability Analyzer Software. From Pension Section News, January 2005, Issue No. 57.

Description: The author encourages the use of sound actuarial principles to develop reasonable retirement spending budgets instead of rule of thumb approaches commonly used.