The Future of Wealth Discussion - Reimagining How Retirement Savings Can Build Wealth for Everybody

Recorded May 13, 2024. Retirement savings is having a moment. New private and state-facilitated plans are on the rise, emergency savings benefits are helping employers promote short- and long-term saving, and leaders from C-suites, Congress, and academia have big ideas for a system overhaul. At the same time, journalists are critiquing how the retirement savings system distributes tax incentives, new data shows why plans don’t work the same for workers of color and women, and the specter of Social Security trust fund depletion looms large. What is the strongest path forward in this shifting landscape-and how can we use this moment to create the inclusive system Americans need and deserve? Hear from new ideas from fresh voices about designing a retirement savings system that delivers financial security for everybody.
Speakers:
Yie-Hsin Hung, President and CEO, State Street Global Advisors
Edmund Murphy, President and CEO, Empower
Kathryn Anne Edwards, Economist
Leigh Phillips, President and CEO, SaverLife
Yemi Rose, Founder and CEO, OfColor, Inc.
Karen Biddle Andres, Director of Impact Strategy, Aspen Institute Financial Security Program
Ida Rademacher, Vice President, Aspen Institute and Co-Executive Director, Financial Security Program
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About the Aspen Institute:
The Aspen Institute is a global nonprofit organization whose purpose is to ignite human potential to build understanding and create new possibilities for a better world. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve society’s greatest challenges. It is headquartered in Washington, DC and has a campus in Aspen, Colorado, as well as an international network of partners. For more information, visit www.aspeninstitute.org.
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