SVG
Financial Longevity
Featured
Report
New Approaches to Long-Term Care Access for Middle-Income Households
"New Approaches to Long-Term Care Access for Middle-Income Americans" summarizes the key findings of a Financial Innovations Lab®...
Read
Report
Featured
Report
New Approaches to Long-Term Care Access for Middle-Income Households
"New Approaches to Long-Term Care Access for Middle-Income Americans" summarizes the key findings of a Financial Innovations Lab®...
Read
Report
We drive change in policies and practices to enable satisfying work lives, address long-term care and caregiving impacts, and prepare for financially secure retirements.
Areas of Focus
Work and Productivity
We engage employers to think differently about older workers and intergenerational workforces and encourage business leaders and investors to understand the demographic shift as an opportunity for economic growth and human capital development.
Long-Term Care Financing
Given the persistent gaps in long-term care funding, we seek to advance new financing models and scalable solutions.
Family Caregiving
We champion the needs of family caregivers, especially those caring for older adult loved ones, and motivate employers to protect employees’ productivity, finances, and health.
By the Numbers
Stats Items
0
%
of Americans ages 50+ have no retirement savings
>
0
M
Americans do not have a workplace retirement plan
$
0
is the average annual costs families spend on caregiving
Financial Longevity
Highlights
Financial Longevity: The Key to Dignity in Aging
The fall is a time to celebrate the invaluable contributions of older adults. As we observe the United Nations' International Day for Older Persons and Ageism Awareness Day in October, and National Family Caregivers Month in November, it's...Read ArticleImage
Dawn M. Carpenter
Director, Financial LongevityDawn M. Carpenter, DLS, is the director of financial longevity at MI Health.
Shifting the American Retirement Saving Mindset
For most people in our country, the American Dream includes a successful career that allows for saving, followed by a comfortable, dignified retirement. And for many retirees in previous generations, the golden years were just that, with...Read EssayFor most people in our country, the American Dream includes a successful career that allows for saving, followed by a comfortable, dignified retirement. And for many retirees in previous generations...
We Aren’t Talking Enough About One Aspect of the Great Wealth Transfer
Over the next two decades, Cerulli Associates estimates that baby boomers and the Silent Generation will pass down a combined $84.4 trillion in assets to younger generations. Dubbed the “Great Wealth Transfer,” this phenomenon is already...Read EssayOver the next two decades, Cerulli Associates estimates that baby boomers and the Silent Generation will pass down a combined $84.4 trillion in assets to younger generations. Dubbed the “Great Wealth...
The New Care Ecosystem: Empowering Family Caregivers through Technology
As physicians, family caregivers, and patients, we know firsthand the overwhelming challenge of navigating complex and disconnected health-care systems in support of a loved one. Family caregivers are the glue—filling gaps in care...Read Essay
Shifting the Retirement Paradigm: Moving Toward Lifetime Financial Security
During the past two years, the Milken Institute has focused on how Americans manage lifetime financial security leading to a financially secure retirement. The Institute has delved into this topic by conducting research, meeting with...Read Report
Financial Literacy in the United States
The Financial Literacy in the United States report provides a comprehensive overview of the financial literacy landscape in the US. Unfortunately, our analysis paints a worrisome picture. The evidence suggests many individuals in the US...Read Report
COVID-19 and the Future of Aging
In this series, we have interviewed members of our Milken Institute Center for the Future of Aging Advisory Board who are leaders from business, health, academia, policy, and philanthropy. All aim to improve the lives of today’s older...Read Report
Pandemic Reveals Need for New Approach to Retirement Security
The pandemic revealed—if anyone hadn’t noticed—that millions of Americans live in a precarious financial condition. And, as if policymakers didn’t already know, the pandemic underscored the fact that the majority of Americans are...Read Essay
New Approaches to Long-Term Care Access for Middle-Income Households
"New Approaches to Long-Term Care Access for Middle-Income Americans" summarizes the key findings of a Financial Innovations Lab® organized by the Milken Institute Center for the Future of Aging and Innovative Finance teams in Fall 2020...Read Report
Retirement Security in the Wake of COVID-19
Even before the COVID-19 pandemic, most Americans faced significant barriers to retirement security. Only half of adults over 50 had more than $100,000 saved for retirement, and nearly 30 percent had no retirement savings or pension. Yet, according to research in 2019, the average American couple at age 65 could expect to spend $285,000 on health costs alone during retirement.
Featured Event Sessions
Financial Industry Leaders Revolutionizing America’s Retirement Landscape2024 Global Conference Session
Great Expectations: Retirement in the New Old Age2022 Global Conference Session
It's the Life in Your Years: Reimagining Retirement for Longer, Healthier Lives2021 Future of Health Summit Session
Has the Pandemic Changed the Future of Retirement?
The Future of Aging team's former Chairman Paul Irving explains why he's optimistic in NextAvenue.
