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Past Event

Financial Literacy in Times of Turmoil and Retirement Insecurity

The financial crisis has caused a reported $2 trillion loss in retirement accounts nationwide.

A majority of Americans are worried their retirement funds may not be sufficient, and young and old alike are concerned about financial and retirement security. On March 20, the Brookings Institution; the Wharton School’s Pension Research Council and Boettner Center; the University of Michigan Retirement Research Center; and The Retirement Security Project co-sponsored a conference on financial literacy and retirement preparedness.

The conference focused on how workers and retirees can better manage saving for retirement, and how they can stay secure during retirement. Participants identified research and policy directions for the future.

William Gale giving presentation.
J. Mark Iwry speaking at event.



Closing Remarks


John Laitner

Professor, Department of Economics, The University of Michigan


Financial Literacy, Planning and Retirement Saving


Julie Agnew

Assistant Professor of Finance and Economics

Olivia S. Mitchell

International Foundation of Employee Benefit Plans Professor - The Wharton School at the University of Pennsylvania

Financial Illiteracy and Retirement Expectations: Prospects for Longevity, Decumulation and Health

Olivia S. Mitchell

International Foundation of Employee Benefit Plans Professor - The Wharton School at the University of Pennsylvania


Michael Hurd

Director, Center for the Study of Aging, RAND Corporation


Nick Maynard

Director of Innovation and New Product Development, D2D Fund

Keynote Address

Lunch and Roundtable Discussion of Agency Initiatives


Ted Beck

President and CEO, National Endowment for Financial Literacy


Dubis Correal

Director, Office of Financial Education Department of the Treasury


John Gannon

Senior Vice President, Office of Investor Education, Financial Industry Regulatory Authority


Kristi Kaepplein

Director of the Office of Investor Education and Advocacy, Securities and Exchange Commission

Alternate Approaches to Financial Literacy

Robert L. Clark

Professor, Department of Economics - North Carolina State University, and NBER


Shawn Cole

Assistant Professor of Business Administration, Harvard Business School


Brigitte Madrian

Aetna Professor of Public Policy and Corporate Management, Harvard Kennedy School

Marching Orders for Research and Policy


Mike Staten

Director, Take Charge America Institute for Consumer Financial Education and Research

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