Debunking Myths and Building Solutions with Teresa Ghilarducci

In this episode of 'Risking Old Age in America,' host Harry Margolis speaks with Teresa Ghilarducci, director of the Schwartz Center for Economic Policy Analysis and author of 'Work, Retire, Repeat.' They discuss the implications of the aging baby boomer population in the United States and the challenges of retirement preparedness. Ghilarducci debunks four major myths about the working longer consensus and explores how these misconceptions influence retirement policies. She proposes a 'Gray New Deal' to improve jobs for older workers and enhance pension security, advocating for systemic changes, such as universal participation in retirement savings plans. The episode emphasizes the urgency of addressing these issues to prevent elder poverty and ensure financial security for retirees.

Topics

00:28 Guest Introduction: Teresa Ghilarducci

00:53 Debunking the Working Longer Consensus

02:56 The Reality of Retirement and Health

10:26 Economic Disparities in Longevity

17:52 The Gray New Deal: Solutions for Retirement Security

24:49 The Thrift Savings Plan Proposal

30:22 Conclusion and Call to Action

Risking Old Age in America