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Workers are now managing much of their own retirement funds. One of the most popular strategies is also the most passive: life-cycle funds. These funds take more risk when workers are young and automatically become less risky assets with age. Are these plans a good investment? Should they continue to
Download Audio as MP3 be recommended for so many workers?
At this conference, Social Security Administration researcher Benjamin Bridges presented new research on life-cycle funds.
|8:30||Introduction:||Andrew G. Biggs, AEI|
|Presenter:||Benjamin Bridges, Social Security Administration|
Andrew Biggs is a resident scholar at AEI, specializing in Social Security and retirement policy. He previously served as the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw the SSA’’s policy research efforts and led the agency’’s participation in the Social Security Trustees working group. In 2005, he worked on Social Security reform at the White House National Economic Council, and in 2001, he was on the staff of the President's Commission to Strengthen Social Security. He is also the author of AEI's Retirement Policy Outlook series.
Benjamin Bridges is an economist in the Social Security Administration (SSA) Office of Research, Evaluation, and Statistics. At the SSA he has served in various research and management positions. His research interests include analysis of proposed changes in Social Security’’s programs and the economic status of the aged. Recent publications, including work concerning resources for near-retirees, appear in the Review of Income and Wealth and the Social Security Bulletin.