ORBIT

Future of Retirement Study Commission - Meeting 2

Event Description

Location: Dawson Conference Room, Albemarle Building,
325 N Salisbury St, Raleigh
Meeting Agenda
Personal Budget Exercise
Minutes

Readings:  The opinions expressed in the readings below are the opinions of their authors and are not necessarily the opinions of State Treasurer Janet Cowell or the NC Department of State Treasurer.

Level of Income Core Readings:

Retirement Age and Career Length Core Readings:

While it is possible that people are able work until a fairly advanced age, they may prefer to save money earlier in life in order to enjoy more years of retirement. We have not found good readings on how people make the trade-offs between saving more and working longer. The second meeting will include an exercise to better understand these trade-offs. In preparation for that exercise, please think about what the typical public employee might do with 5, 10, or more extra years of retirement, as well as how much current income that typical employee might be willing to sacrifice to get those years.

Executive Summary of Career Length