Retirement, Pensions, & Social Security

Earl Gilbert, 97, plays chess at Royal Oaks retirement community in Sun City, Arizona, January 8, 2013. Sun City was built in 1959 by entrepreneur Del Webb as America?s first active retirement community for the over-55's. Del Webb predicted that retirees would flock to a community where they were given more than just a house with a rocking chair in which to sit and wait to die. Today?s residents keep their minds and bodies active by socializing at over 120 clubs with activities such as square dancing, ceramics, roller skating, computers, cheerleading, racquetball and yoga. There are 38,500 residents in the community with an average age 72.4 years. Picture taken January 8, 2013. REUTERS/Lucy Nicholson (UNITED STATES - Tags: SOCIETY)ATTENTION EDITORS - PICTURE 9 OF 30 FOR PACKAGE 'THE SPORTY SENIORS OF SUN CITY'SEARCH 'SUN CITY' FOR ALL IMAGES - GM1E91H00JE01

Retirement, Pensions, & Social Security

Using behavioral insights to increase annuitization rates: The role of framing and anchoring

Abigail Hurwitz

Tuesday, June 25, 2019

old man sitting at the beach

Retirement, Pensions, & Social Security

Automatic enrollment in 401(k) annuities: Boosting retiree lifetime income

Vanya Horneff, Raimond Maurer, and Olivia S. Mitchell

Tuesday, June 25, 2019

California state worker Curtis Walker looks over retirement plan brochures at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker (UNITED STATES BUSINESS) - WASE5AM03UX01

Report

Can annuities become a bigger contributor to retirement security?

Martin Neil Baily and Benjamin H. Harris

Tuesday, June 25, 2019

Treasury Secretary Steven Mnuchin testifies before the House Financial Services Committee hearing on "The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System" in Washington, U.S., May 22, 2019. REUTERS/Mary F. Calvert - RC128802C110

Retirement, Pensions, & Social Security

The federal government gave up on retirement security

Friday, June 7, 2019

Reports

A member of Metro Bank's staff poses for a photograph in the vault of their new branch in Slough, southern England May 3, 2013. This is the only bank in the United Kingdom that has a drive-thru facility. Metro Bank, which launched in 2010 as Britain's first new high street lender for more than a century, saw customer numbers surge in 2012, benefiting from the unpopularity of the established banks. REUTERS/Eddie Keogh (BRITAIN - Tags: BUSINESS) - LM1E95310CJ01

Retirement, Pensions, & Social Security

How will retirement saving change by 2050? Prospects for the millennial generation

William G. Gale, Hilary Gelfond, and Jason Fichtner

Thursday, March 21, 2019

Fernando Ochoa, 65, who has been homeless for a week, sits on a park bench in Los Angeles, California, U.S. April 11, 2018. Ochoa said he had worked as a foreman for Albertson's and a Service Advisor for Honda but is now retired and is looking for housing. Picture taken April 11, 2018. REUTERS/Lucy Nicholson - RC1B16E55500

Retirement, Pensions, & Social Security

“RESA”: A look at 2019 legislative proposals to improve retirement security and saving

Martin Neil Baily, Benjamin H. Harris, and J. Mark Iwry

Tuesday, March 19, 2019

Farmer Tom Chino plants Yuchoi Sun transplants on his family farm in Rancho Santa Fe, California March 4, 2013. The gravitational pull of Chino Farm is legendary. Since they don't ship, everyone - whether a top chef or a traveling foodie or a local resident - comes to the farm stand, simply called "Vegetable Shop," on a dusty corner of this affluent San Diego County town, hemmed in by sprawling housing estates. Long before farmers' markets and heirloom vegetables popped up across the country, Tom Chino's parents bought the 45-acre (18.2-hectare) farm after World War Two and forged their independence from wholesalers and supermarkets, setting their prices and cultivating a diverse offering of crops. REUTERS/Mike Blake (UNITED STATES - Tags: AGRICULTURE BUSINESS ENVIRONMENT FOOD)ATTENTION EDITORS: PICTURE 04 OF 23 PICTURES FOR WIDER IMAGE STORY 'FOUR SEASONS OF CHINO FARM'SEARCH 'CHINO FARM' FOR ALL IMAGES - LM2EABO11FQ01

Retirement, Pensions, & Social Security

Working longer policies: Framing the issues

Martin Neil Baily and Benjamin H. Harris

Thursday, January 31, 2019

A customer counts his cash at the checkout lane of a Walmart store in the Porter Ranch section of Los Angeles November 26, 2013. This year, Black Friday starts earlier than ever, with some retailers, including Wal-Mart, opening early on Thanksgiving evening. About 140 million people were expected to shop over the four-day weekend, according to the National Retail Federation. REUTERS/Kevork Djansezian (UNITED STATES - Tags: BUSINESS) - GM1E9BR0HYP01

Retirement, Pensions, & Social Security

Enhancing work incentives for older workers: Social Security and Medicare proposals to reduce work disincentives

Robert L. Clark and John B. Shoven

Thursday, January 31, 2019

Nora and Anthony Szeluga sit at the counter of Perison's diner in the Broadway Market in Buffalo, New York April 10, 2011. The city is a part of America's Midwestern "Rust Belt", the heartland of the country and home to big unionized manufacturers like the auto and steel industries. Once a thriving farmer's market, the historic space has managed to survive, and even thrive around holidays like Easter. The couple, who once lived in the neighborhood, only return to the market, where Anthony used to sell produce as a child, twice a year, Easter and Christmas. Picture taken April 10. REUTERS/Eric Thayer (UNITED STATES - Tags: BUSINESS FOOD) - GM1E74C0E5G01

Report

Proposals to keep older people in the labor force

Alicia H. Munnell and Abigail N. Walters

Thursday, January 31, 2019

Blog Posts

A farmer walks through a mustard field at Ghaduwan village in the northern Indian state of Punjab December 16, 2009. REUTERS/Ajay Verma (INDIA - Tags: BUSINESS POLITICS AGRICULTURE SOCIETY) - GM1E5CG1GI901

Future Development

Should we fear population aging?

Ivailo Izvorski

Tuesday, May 14, 2019

Women eat watermelons at the Coachella Valley Music and Arts Festival in Indio, California April 10, 2015. REUTERS/Lucy Nicholson - GF10000055583

Up Front

Are the kids alright? Saving and wealth accumulation among the millennial generation

William G. Gale

Wednesday, March 20, 2019

Pensions sign

FixGov

2 million people hope Congress can compromise on pensions

Thursday, November 15, 2018

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Events

Can retirement plans provide safe income?

9:00 AM - 11:45 AM EDT

Improving opportunities for those who want to work longer

9:30 AM - 12:30 PM EST

A conversation with SEC Commissioner Kara Stein

10:00 AM - 11:00 AM EDT

View All Events

Related Books

Closing the Deficit

Edited by Gary Burtless and Henry Aaron

2013

State and Local Pensions

By Alicia H. Munnell

2012

The Decline in Saving

By Barry P. Bosworth

2012

Multimedia

brookingscafeteria_burtless002

Podcast Episode

The rich-poor life expectancy gap

Gary Burtless and Fred Dews

Friday, February 19, 2016

occupy_protest001

Podcast Episode

@ Brookings Podcast: Automatic Spending Cuts and Programs for the Poor

Friday, December 30, 2011

View All Multimedia