What has COVID done to the finances of Americans? We've just published a detailed analysis morningstar.com/lp/finances-du… It's joint research with Aspen Institute Financial Security Program DCIIA Retirement Research Center NORC. In short: emergency savings are key & the financial effects of COVID vary strongly by income & race.

Financial insecurity has many warning signs. One clear one: When people have medical debt, they have 69% less in emergency savings, and 26% less in workplace retirement savings, all else being equal. Check out our new report for more.

Starting now -- free, public forum on retirement savings, including @KK_Chicago and Chairman Neal of the Congressional Ways and Means Committee

Yes, @idarademacher--Retirement should NOT be a luxury! #AspenFSPLive

Most people haven't touched their retirement funds during COVID, but the % who do has doubled to 11-13% of people with accounts, due to CARES Act-enabled distributions. @KK_Chicago sharing results from our new joint study at #AspenFSPLive morningstar.com/articles/10330…

Retirement savings isn't in a vacuum: people w/ student loans have 36% lower retirement savings; those w/ medical debt have 26% lower retirement savings & 69% less in emergency savings. @KK_Chicago sharing results from our new joint study at #AspenFSPLive morningstar.com/articles/10330…

Politics gets in the way of effective strategies to help improve financial security; but we still need both: politically feasible and impactful interventions. -- Nari Rhee of Berkeley Labor Center during #AspenFSPLive

Baby bonds could cut the racial wealth gap in half, in terms of $ available per child by age 18 -- @KK_Chicago CEO of Morningstar, Inc. sharing data on the racial wealth gap and potential solutions at #AspenFSPLive Additional data: morningstar.com/articles/10030…

Who cares about sustainability, labor practices and other ESG issues when investing? Most Americans, actually. Not just the young, not just activists. Most Americans. #AspenFSPLive panel with @KK_Chicago of Morningstar, Inc.. For more data: morningstar.com/articles/92692….

Wage disparities between white, Black, and Latinx workers exist continue at all levels of education & across industries. Income inequality drives inequality in savings & retirement: Kilolo Kijakazi #AspenFSPLive. It's not a problem of "minorities should just study more & save more"

"the means are a measure of our character" -- Adam Grant in a story he shared (nytimes.com/2021/01/31/opi…) at #BSPA2021 on trying to convince a friend to get the Covid vaccine.

What about our own intention action gap in the ethics of behavioral science" when we think we're doing good, and don't even realize what we're doing? The always thoughtful @NeelaSaldanha at #BSPA2021. Thanks, Neela.

🚨 #NEW podcast episode: co-editor of the book, "Building #Behavioral #Science in an Organization," Laurel Newman, joins Erik Johnson zarakstar and reveals one of the most common mistakes committed by companies when trying to motivate employees!Listen NOW⬇️#HumanResources

Congrats on the launch of the new Applied Behavioral Science Association at #BSPA2021 It's new, but the ABSA already has great resources on their site -- check them out!

Thank you, David Brooks for asking what have we ourselves done to create polarization, in a panel of experts strongly focused on why 'those other people' are making a polarized, intolerant world. Objectifying & condescending to those we don't understand rarely helps #BSPA2021

We've just come out with a new national study of behavioral biases across the US, and their strong impact on people's finances & financial behaviors. In short: we all have them; they're costing us thousands of dollars; the young do show > overconfidence morningstar.com/articles/10407…

Check out Morningstar, Inc. 's own Sarah Newcomb (Sarah Newcomb, PhD) discussing the stories that drive financial behavior.

Graças ao @econcomport, "CONSTRUINDO AS CIÊNCIAS COMPORTAMENTAIS NAS ORGANIZAÇÕES está disponível AGORA" também em português e gratuitamente. drive.google.com/file/d/1JIBs5c… Obrigada PennMBDS Econ. Comportamental por tornarem esse livro possível! Special 🙏 Flávia Ávila Patricia Schütz, Jane H.

Ok, #Wapo, you can do a bit better than this when telling people not to panic….