Enhancing Financial Health for All Generations
Elizabeth Loewy, Co-Founder and Chief Executive Officer, EverSafe, and Aaron Klein, Economic Studies and Policy Director, Center on Regulation and Markets, Brookings interviewed by Nora Super, Senior Director, Milken Institute Center for the Future of Aging.
Financial challenges abound across generations with millennials saddled with student loan debt and baby boomers not adequately prepared for retirement security. Among the potential solutions that address these unprecedented challenges, new technologies can improve financial security and make it easier for individuals and families to manage their finances and save for retirement. This interview explores the promise and risks of emerging financial innovations and technology’s role in enhancing financial health for Americans, both young and old. Liz Loewy and Aaron Klein discuss recent innovations that they think have provided the greatest benefits to consumers.