In a Forbes column, NIRS Executive Director Dan Doonan writes that one of the most immediate challenges resulting from changing demographics is the strain on government-sponsored pension and healthcare programs.
As the elderly population grows, demands on social safety nets increase. With this new strain on resources, governments and municipalities must allocate a larger share of their budgets to support retirees, potentially diverting resources from other essential services for younger generations like education, infrastructure, and healthcare. Getting ahead of these trends will help ensure the long-term viability of these vital programs and manage costs for future generations.
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 […]
New Research Debunks “Job-Hopping” Myth About Millennials and Gen Z
Contrary to popular belief that Millennials and Generation Z employees are constantly switching jobs, new research from the National Institute on Retirement Security finds that younger workers today show job retention patterns that closely mirror previous generations at the same stage of their careers.
In a Forbes column, NIRS Executive Director Dan Doonan writes that one of the most immediate challenges resulting from changing demographics is the strain on government-sponsored pension and healthcare programs.
