Alliance for Lifetime Income Hosts Inaugural “Great Retirement Debate” with Wall Street Journal’s The Trust
WASHINGTON, D.C., September 09, 2021 — As a nation, we face consequential questions about the looming challenges facing Americans as they prepare for retirement.
Will Social Security exist in 30 years? How has the pandemic impacted pension plans? Is the retirement crisis even real?
The financial security of millions depends on the answers to these pressing questions, and yet leading minds still disagree on their answers and, more importantly, how to prepare for retirement in light of them.
That’s where The Great Retirement Debate series, hosted by the Alliance for Lifetime, comes in. The forums will bring together recognized and respected thought leaders—from economists to innovative business leaders—for lively and engaging debates on crucial and often controversial retirement challenges facing our nation today.
The inaugural debate – scheduled for September 14, 11:00a.m. – 12:00p.m. – is hosted in partnership with The Trust, the custom content studio of the Wall Street Journal | Barron’s Group, and provides an opportunity for business leaders, policy makers, financial professionals, employers, and everyday investors to hear and learn from top retirement security leaders with unique backgrounds and varying opinions.
Moderated by Jason Fichtner, a senior fellow for the Alliance for Lifetime Income’s Retirement Income Institute, and Stephanie Chang, global editorial director of The Trust, the first debate is titled ‘Is America really headed for a retirement security cliff?’ and addresses the efficacy and strength of America’s current and future retirement security structure.
The debaters – Andrew Biggs, a senior fellow at the American Enterprise Institute, and Teresa Ghilarducci, the Irene and Bernard L Schwartz Professor of Economics and Policy Analysis at The New School – will discuss the evolution of the U.S. retirement system and pensions, income planning for the future, debate the merits of whether there is or isn’t a looming crisis, and the key role annuities can play in providing retirement security to millions of Americans.
“We are experiencing the greatest surge of retirees in our nation’s history, as 10,000 Baby Boomers turn age 65 every day, increasing to more than 12,000 a day in 2024 when we reach our Peak 65™ moment,” Fitchner says. “This surge comes at a time when our nation’s existing retirement framework seems obsolete, and many households might be at risk of running out of money at worst, or not having enough money to maintain their standard of living in retirement.”
Register today to watch the inaugural debate and stay tuned for future debates in the series.
To learn more about the Alliance for Lifetime Income, please visit www.ProtectedIncome.org.
About the Alliance for Lifetime Income
The Alliance for Lifetime Income is a non-profit 501(c)(6) educational organization based in Washington, D.C., that creates awareness and educates Americans about the value and importance of having protected lifetime income in retirement. Our vision is for a country where no American has to face the prospect of running out of money in retirement. The Alliance provides consumers and financial advisors with educational resources, interactive tools, and actionable research and insights to use in building retirement income strategies and plans. We believe focusing attention and conversations on retirement income that lasts throughout life leads to greater retirement security for millions of Americans. Learn more at www.ProtectedIncome.org.