Savings

We know saving is important – but our assumptions about why may be wrong.  A new report from Aspen Financial Security Program and members

COVID-19 jolted the American economy — and it caused at least 30 million Americans to lose their jobs or have their working hours curtaile

This report shines a light on the central role that short-term financial stability plays in a person’s ability to reach broader financial security and upward economic mobility.

If we’re serious about a transition to working longer, there ought to be a legal framework for doing so.

This brief explores the possibility of linking a short-term savings, or “sidecar,” account to a traditional retirement account to better meet consumers’ short- and long-term financial needs.

What if you were given the task of designing a retirement system from scratch?

The Financial Security Program spoke with economist Monique Morrissey of the Economic Policy Institute about the state of American retirement and the role of tax incentives.

Numerous studies find that millions of Americans are under-saving for retirement, and psychology and behavioral economics have taught us that there are well-understood problems in decision-making that can cause people to not put enough away for retirement and other needs. The question is how to correct these failures and avoid the considerable hardship that can come with not having enough savings.