AGING AND AMERICA
AGING AND
AMERICA:
DEMOGRAPHIC CHANGE AND ITS CONSEQUENCES
FOR WORK AND RETIREMENT
Provided by TIAA-CREF
I
n 2012, the National Research Council of the National
Academy of Sciences issued a comprehensive report
documenting the aging of the U.S. population and
analyzing the economic effects this phenomenon
may trigger over the next 40 years. The report, Aging and
the Macroeconomy: Long-Term Implications of an Older
Population, identified two potential policy strategies for
mitigating the economic consequences of population aging:
1) enabling people to increase their savings for retirement;
and 2) encouraging people to postpone retirement by working
longer.1
In November 2013, the TIAA-CREF Institute and the Alfred
P. Sloan Foundation sponsored a colloquium of researchers
and policy analysts to discuss how to help people save
more and work longer.2 The colloquium, Towards a Policy
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