Shares: Ensuring Equality in Retirement Planning
How older Americans, especially women, are struggling with financial security – and what can be done.
Author
Joellen Meckley
JD, MHS, ChSNC®
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As America ages, more and more clients may face difficult questions about their financial security in retirement. How can financial professionals best address the concerns of these older clients and their caregivers?
In this episode of our Shares podcast, host Joellen Meckley, JD, MHS, ChSNC® joins Ramsey Alwin, president and CEO of the National Council on Aging (NCOA), for a candid conversation on how older Americans – especially women – often face increasing financial challenges as they age. They also discuss new research from NCOA on economic stress among seniors and their caregivers, including saving for retirement, diminishing decision-making capacity, and more.
Ramsey Alwin is president and CEO of the National Council on Aging (NCOA), leading a nationwide movement to ensure equitable aging for every American. A seasoned thought leader and policy advocate, she designed a new measure of economic security for older adults that better accounts for out-of-pocket health costs and worked to introduce the Measuring American Poverty Act in Congress to redefine the federal poverty measure for the older population. Thanks to Alwin’s efforts, the U.S. Census Bureau formally implemented the Supplemental Poverty Measure nationwide, virtually doubling the elder poverty count and better demonstrating true needs among this population. She also led and organized efforts to enact state and local legislation and regulations that use the new measure of economic security when determining eligibility for means-tested programs.
Currently, Alwin serves on the executive committee of the United Nations NGO Committee on Aging, the America250 Health and Wellness Advisory Council, CVS Health Equity National Advisory Board, and the National Academy of Social Insurance Finance Committee. Alwin holds a Bachelor of Arts from Simmons University and a master’s degree from the McDonough School of Business at Georgetown University.
Any views or opinions expressed in this podcast are the hosts’ and guests' own and do not necessarily represent those of The American College of Financial Services.
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