Americans are more likely than ever before to enter retirement carrying debt, which leaves them vulnerable to rising interest rates. Olivia Mitchell emphasizes the importance of the housing market and easier mortgage products as factors in driving this debt increase in older households. Read the column and her study here.
Executive Director, Pension Research Council
Director, Boettner Center for Pensions and Retirement Research
International Foundation of Employee Benefit Plans Professor
Professor of Business Economics and Public Policy
Professor of Insurance and Risk Management
Ph.D., Economics, University of Wisconsin-Madison, 1978