Retirement planning and saving is often a difficult task for individuals and families. Studies show that more than one in four workers have less than $1000 in retirement savings. The question of how to stimulate employees to save for retirement has led to a variety of different tactics. Join us for our March 1st webinar, which will discuss a field study completed by researchers from the Center for Financial Security, which tracks the effect of financial education on retirement savings in an online format. Results of the study show that this information-based intervention increases the reported participation in retirement planning, saving and using a budget. Presenters will include Carly Urban, Assistant Professor, Department of Economics, Montana State University; Billy Hensley, Senior Director of Education, National Endowment for Financial Education; Tarna Hunter, Director of Strategic Engagement and Government Relations, Wisconsin Department of Employee Trust Funds; and Shelly Schueller, Deferred Compensation Director, Wisconsin Department of Employee Trust Funds.
The Center for Financial Security (CFS) and the National League of Cities (NLC) produced a webinar featuring research findings and future implications of the newly completed evaluation of Local Interventions for Financial Empowerment through Utility Payments (LIFT-UP) program. Listen to Denise Belser of NLC speak on the program’s background; Bonnie Ashcroft, of Houston’s Department of Public Works and Engineering, discuss the participating city perspective; and researcher Stephanie Moulton present on the findings and implications of the program.
Date: January 12-13, 2017
Description: University of Wisconsin trainers will provide a 2-day workshop on skills and strategies for financial coaches. This workshop is designed as an introduction to financial coaching and can also be used as a refresher to practice and advance coaching skills.
The Center for Financial Security has over 30 faculty affiliates across departments at UW-Madison, as well as more than 30 fellows at other institutions. This work has involved disciplines including consumer science, sociology, business, economics, finance, public policy and administration, marketing, risk and insurance, accounting, library sciences, public health, mass communications, engineering/computer science, social psychology and other fields. The Center serves as a hub for applied research studies, media inquiries and partnerships related to issues such as: credit, debt and debt management, savings, income volatility, public assistance, student loans, insurance, retirement planning, asset building and wealth, mortgages and housing issues, financial coaching, financial access, financial technology (FinTech), services and product innovations, financial regulation, financial education, financial well-being, economic determinants of health, social networks and finances, relationships and finance and more.
The intersection of health and finance is an increasingly linked area of study that continues to gain traction in research and policy. Collaboration and discussion across disciplines and sectors of health and financial well-being are fundamental to the progress of these fields.
On June 1, 2016, the Center for Financial Security at the University of Wisconsin‐Madison, with support from the Robert Wood Johnson Foundation Health and Society Scholars program at the University of Wisconsin-Madison, hosted a Health and Finances Research Workshop to convene faculty and researchers across UW-Madison and the Center for Financial Security and related centers on campus to explore existing research and to foster future research ideas. CFS initiated this effort to discover innovative research opportunities as well as nurture this growing community of scholars committed to building the field of health and finance research.