Does Financial Literacy Decline with Age?
A new study reveals an alarming drop in financial and health literacy levels for older men and women over the span of 12 years.
How Ambiguity Aversion Affects Investment Choices
Policies to reduce investors’ ambiguity about asset returns can stimulate equity market participation, according to new research.
What I’ve Learned: Olivia S. Mitchell
In a candid chat with Wharton Dean Erika James, professor Olivia S. Mitchell talks about her life’s work as an economist, and how we
How Behavioral Factors Shape Retirement Wealth
A recent Wharton conference explored how noncognitive skills, mortality beliefs, aging, and gender disparities impact retirement
Why Retirement Gets Better With Annuities
New research co-authored by Wharton’s Olivia S. Mitchell makes a case for deferred income annuities with some equity exposure in