In a Forbes column, NIRS Executive Director Dan Doonan writes that there’s no arguing that Swift’s economic footprint is big and will only grow as her international tour continues and she releases re-records of her previous albums.
But there’s an economic juggernaut bigger than Swiftonomics that occurs every single day. It’s called Pensionomics, or the economic ripple effect of retirees spending their pension income. It’s not as glamorous, fun, and attention-grabbing as Swiftonomics, but pension spending has a reliable economic impact that supports economic growth and jobs in virtually every community across America.
New Research Finds Social Security Has a Strong Economic Impact
New research from the National Institute on Retirement Security finds that Social Security benefits play a powerful role in supporting the U.S. economy.
Is America’s Retirement System Failing Future Retirees?
In a Forbes column, NIRS Executive Director Dan Doonan writes that as America ages and income inequality deepens, concerns about retirement security are mounting. Some voices, however, indicate that retirement concerns are exaggerated, relying on data indicating that older Baby Boomers have largely fared well in retirement. But new research published in The Journal of Retirement […]
