Alicia Munnell on the Retirement Crisis Ahead

Stafford, Melanie
August 2011
Journal of Financial Planning;Aug2011, Vol. 24 Issue 8, p16
Academic Journal
An interview with the professor of Management Sciences at Boston College and director for its Center for Retirement Research, Alicia Munnell is presented. She believes that people should work for a longer period for a higher chance of Social Security benefits and shortens the period where people need to support themselves during retirement. She thinks that the retirement system in the U.S. is too small and financial crisis accelerated the need for another tier of retirement savings.


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