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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