More than 3 million Americans retired early during the Covid-19 crisis. Much of this early retirement can be attributed to health concerns and the inability of many older workers to find appropriate work during the pandemic.

In this virtual panel, we will explore what the implications are for the labor force, early retirees, and the larger challenges around retaining and supporting older workers in an aging society. Panelists include:

• Courtney Coile, Professor of Economics @ Wellesley College

• JoAnn Moore, VP, Thought Leadership & Strategic Programs @ AIG

• William Rodgers, VP, Director of the Institute for Economic Equity @ Federal Reserve Bank of St. Louis

Shared Resources from Attendees’ Chat

• To get a different perspective on the impact of the demographic changes and the opportunities this presents check out the new book by Bradley Schurman "The Super Age" which really disects the future of our society and identifies important changes we need to make.

• Better answer is to treat/design your 401k or 403b plan as a holistic lifetime financial wellness instrument. Allow borrowing from IRAs as well. See: https://www.soa.org/globalassets/assets/files/resources/essays-monographs/financial-wellness/2017-financial-wellness-essay-towarnicky.pdf

• People living paycheck to paycheck, when given an opportunity to save in their employer sponsored plan consistently participate in the employer-sponsored plan - according to the annual survey of the American Payroll Association - Getting Paid in America

• Life expectancy may change dramatically in the next decade or so... read Lifespan by David Sinclair (Harvard Medical School scientist).

• Cornell research shows that mental health challenges correlate both with participation and balances in retirement savings: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2039714

• Jackie, you might recommend my latest book, “Aging, Work, and Retirement.” by Elizabeth Fideler

• https://research.stlouisfed.org/publications/review/2020/10/22/why-is-the-labor-share-declining

• As a Retirement Transition Coach (non-financial) I have found Ken Dychtwald's books What REtirees Want and Radical Curiosity and research he shares as very insightful and valuable.

• New Map of Life: https://longevity.stanford.edu/the-new-map-of-life-initiative/

• Century Lives Podcast: https://longevity.stanford.edu/century-lives/