Professor Philip Trostel’s recent work on the benefits of saving for retirement has been cited by the Nevada AARP, illustrating that Nevada could save taxpayers $24,048,204 over the next 15 years by helping people save more of their own money for retirement. Read the article: New Study: Nevada Could Save Over $24 Million by Helping Workers Save […]
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Policy Center and School of Economics Professor Philip Trostel was interviewed for a story which aired March 17 on his research on Mainers’ saving for retirement. Trostel’s recent report for the AARP examines the fiscal costs of insufficient saving for retirement. His study indicates that Mainers aren’t saving as much as they should. Trostel estimates the […]
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A final report by Margaret Chase Smith Policy Center and School of Economics Professor Philip Trostel on “The Fiscal Implications of Inadequate Saving for Retirement” is now available. This study estimates the future costs to taxpayers from new retirees in Maine and in the United States. According to AARP Maine, one-third of Mainers 65+ rely entirely […]
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Margaret Chase Smith Policy Center and School of Economics Professor Phil Trostel has received funding from AARP for new research on “The Fiscal Implications of Inadequate Saving for Retirement”. Most workers do not save enough for retirement. According to AARP Maine, one-third of Mainers 65+ rely entirely on Social Security, an average annual income of […]
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