Navigating the American retirement system can be challenging. Retirement dashboards and tontine-based income solutions are receiving greater attention in other countries and could contribute to a more secure retirement for Americans.
On September 17, the Retirement Security Project at Brookings hosted an event to examine new tools that could help people prepare for retirement. An online retirement “dashboard” would allow savers to track all their benefits and accounts on a single website, find and consolidate accounts from previous jobs, access unbiased information, and estimate future income. Tontines – investment pools where members’ interests when they die are used to augment retirement income for remaining members – would pay investors higher returns than commercial annuities but without the guarantees.
Viewers can submit questions and join the conversation by emailing [email protected] or via Twitter using #RetirementSecurity.
Paper presentation: “Retirement Tontines: Using a Classical Finance Mechanism as an Alternative Source of Retirement Income”
Agenda
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September 17
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Welcome
William G. Gale Senior Fellow - Economic Studies, The Arjay and Frances Fearing Miller Chair in Federal Economic Policy, Co-Director - Urban-Brookings Tax Policy Center -
Paper presentation: “A Retirement Dashboard for the United States”
DownloadsModerator
William G. Gale Senior Fellow - Economic Studies, The Arjay and Frances Fearing Miller Chair in Federal Economic Policy, Co-Director - Urban-Brookings Tax Policy CenterPanelist
David John Senior strategic policy advisor - AARP Public Policy Institute, Nonresident Senior Fellow - Brookings Economics Studies @dcjretiresecureAlicia Munnell Director, Center for Retirement Research and Peter F. Drucker Professor of Management Sciences - Boston College -
Paper presentation: “Retirement Tontines: Using a Classical Finance Mechanism as an Alternative Source of Retirement Income”
William G. Gale Senior Fellow - Economic Studies, The Arjay and Frances Fearing Miller Chair in Federal Economic Policy, Co-Director - Urban-Brookings Tax Policy Center
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