Рет қаралды 218
In this episode I discuss pivotal aspects of social security and retirement planning with acclaimed expert Arun Muralidhar and former Maryland lieutenant governor Kathleen Townsend. Bringing an unparalleled wealth of knowledge and first-hand experience, Arun Muralidhar has an impressive background as a prominent figure in pension fund management, having steered the World Bank’s pension fund in the mid-90s. As a vocal advocate for retirement reform, Muralidhar brings critical insights drawn from his extensive work in global pension solutions. Kathleen Townsend, Maryland’s first female lieutenant governor and a long-standing advocate for retirement reform, shares her passionate views on policy changes necessary to support social security systems effectively.
Topics Covered:
• Investment Approaches for Social Security
• Taxation and Social Security
• Personal Security Accounts
• Global Pension Reforms and Innovations
Time Stamps:
• 00:00 Baby boomers face retirement financing and longevity.
• 05:55 Retirement blamed on individuals, not the system.
• 09:46 Managed World Bank's pension, advocated for reform.
• 13:27 Critique of Social Security and fiscal policy.
• 15:47 Discovering Social Security tax cap on income.
• 19:21 Post-war redistribution favors current generations, prompting inequality.
• 21:15 Address loopholes, promote incentives, coordinate fiscal programs.
• 26:48 Myra, retirement, bonds, Franco, steady consumption, continuity.
• 28:03 Brazil government issues bond in dollar terms. App calculates bonds needed for retirement.
• 33:46 Proposing long-term bonds for government's financial benefits.
• 36:44 Concerns about money going into infrastructure misuse.
• 39:44 Founded center to promote state-run retirement plans.
• 43:46 Promoting selfies for state-level treasuries and infrastructure.
• 46:07 Social Security's solvency viewed as major concern.
• 50:06 Issue with funding, twice as big problem.
• 53:54 Address poverty with major reforms and equity.
• 55:49 Global investment collectively secured for retirement pensions.
This discussion is not just an economic debate; it's about real-world impacts on everyday lives, aimed at providing listeners with a comprehensive understanding of potential reforms and their implications. Understanding these could shape your financial future and societal stance on aging and retirement.
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Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff.
Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.
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LinkedIn / laurencekotlikoff
Substack larrykotlikoff.substack.com/
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Company maxifiplanner.com/
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