The Retirement Crisis: What Nonprofits Can – and Should – Do About It
Training details
calendar_today Thursday, May 16, 2019
access_time 10:00 am - 11:30 am PT
place Candid
attach_money Free
About
The old model (dream, really!) of working to 65 and retiring for a decade of pension-funded leisure is outdated and broken. From now until 2029, 10,000 Americans will turn 65 each day, but many won’t – or can’t – retire. Half of workers aged 55 have $14,000 or less in savings to finance their retirement. In addition, lifespans are 20 years longer than they were even in the 1980s, and people are entering their golden years in better shape, both mentally and physically.
It is past time for employer practices to catch up with the new longevity. Come hear about the ways employers and advocates are addressing the challenge, via phased retirement, flexible work schedules, financial literacy counseling and policy advocacy.
Some of the topics covered:
- How the wave of retirements will impact the economy and, in particular, the nonprofit sector
- Who is most vulnerable in terms of financial security and preparation for retirement
- How funders, employers and employees can better prepare for this
- What funders, nonprofits and policy makers can do to support interventions that build savings and financial security, especially for the most vulnerable communities
Moderator: Rachael Grossman of RG Coach / Consult
Intended audience
- All levels of experience