Financial Decision Making and Retirement

Olivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor, Professor of Insurance and Risk Management and Business Economics and Public Policy, Executive Director of the Pension Research Council, and Director of the Boettner Center for Pensions and Retirement Research, all at the Wharton School of the University of Pennsylvania. Professor Mitchell's main interests are public and private pensions, insurance, and risk management, financialliteracy, and social insurance. She received her MA and PhD degrees in Economics from the University of Wisconsin-Madison, and her BA in Economics from Harvard University.P. Brett Hammond is Research Leader of the Client Analytics Group at the Capital Group. His research interests include finance, higher education, and public policy. Previously, he served as Managing Director and Head of Multi-Asset Class Applied Research at MSCI, Chief Investment Strategist at TIAA-CREF, and on the staff of The National Academies, and he was a member of the UCLA faculty. He received BA degrees in Economics and Political Science from the University of California at Santa Cruzand the Ph.D. from MIT. He is also Program Chair and Executive VP of the Institute for Research in Quantitative Finance (Q Group).Stephen P. Utkus is principal and director of the Vanguard Center for Retirement Research; he is also a member of the senior leadership team of Vanguard's institutional retirement business in the U.S. The Center conducts and sponsors research on retirement savings in the United States. Mr. Utkus is also a Visiting Scholar at The Wharton School of the University of Pennsylvania, and he is a member of the Board of Trustees of the Employee Benefit Research Institute. He earned the MBA from theWharton School.