ABOUT THE EPISODE
Wharton’s Olivia Mitchell joins This Week in Business to discuss new Fidelity data showing U.S. retirement savings rates hitting a record 14.3%. They explore what’s driving the increase—like automatic enrollment, fears over Social Security, and rising life expectancy—and why 15% savings may not be enough. Mitchell emphasizes generational differences in saving habits, the impact of public debt, and the risks of short-term financial strain from higher retirement contributions.
ABOUT THE PODCAST
This Week in Business features interviews with Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School and published twice per week.
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#RetirementSavings #401k #FinancialPlanning #SocialSecurity
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