Are people retiring earlier or later? What’s the retirement age in the US and how is it trending?
In this episode of our retirement podcast, we talk with Catherine Collinson, CEO and President of non-profit Transamerica Institute and Transamerica Center for Retirement Studies. Catherine is a retirement and market trends expert and champion for Americans who are at risk of not achieving a financially secure retirement. Catherine shares insights from their research on the key trends driving change for both older workers and employers.
“…We see so much resilience among workers in terms of their expectations and looking beyond traditional retirement. Led by the Baby Boomers and followed by Gen X and Millennials, workers are transforming retirement into something that’s really new and different and exciting compared to previous generations. Most notably, is retirement is no longer a proposition in which work and time for enjoying life are a mutually exclusive proposition.
Some workers even cite paid work as one of their retirement dreams, which is phenomenal. We would have never even asked that question a few years ago. We know that a lot of people want to work, but we never expected that three in 10 would actually cite some form of paid work as one of their dreams for their retirement.”
Retirement today continues to evolve. What key trends should you be up to speed on? Click To Tweet
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Catherine Collinson is CEO and president of nonprofit Transamerica Institute and Transamerica Center for Retirement Studies. Catherine is a retirement and market trends expert and champion for Americans who are at risk of not achieving a financially secure retirement. She oversees all research and outreach initiatives, including the Annual Transamerica Retirement Survey. Catherine also serves as executive director of the Aegon Center for Longevity and Retirement based in the Netherlands.
With two decades of retirement industry-related experience, Catherine has become a nationally recognized voice on retirement trends. She has testified before Congress on matters related to employer-sponsored retirement plans among small business, which have featured the need to raise awareness of the Saver’s Credit among those who would benefit most from the important tax credit.
Catherine is regularly cited by top media outlets on retirement-related topics, speaks at industry conferences, and authors articles in leading industry journals. She co-hosts ClearPath: Your Roadmap to Health and Wealth on WYPR, Baltimore’s NPR news station. In 2018, Catherine was recognized as an Influencer in Aging by PBS Next Avenue for her work in continuing to push beyond traditional boundaries and change our society’s understanding of what it means to grow older. In 2016, she was honored with a Hero Award from the Women’s Institute for a Secure Retirement (WISER) for her tireless efforts in helping improve retirement security among women. In 2015, Catherine joined the Advisory Board of the Milken Institute’s Center for the Future of Aging.
Catherine is employed by Transamerica Corporation. Since joining the organization in 1995, she has held a number of positions and has identified and implemented short-and long-term strategic initiatives, including the founding of the nonprofit Transamerica Institute and its Transamerica Center for Retirement Studies. Prior to her employment at Transamerica, Catherine spent nearly a decade at The Walt Disney Company, serving in a number of information services and business planning posts. She volunteers for a number of community organizations and currently serves as a Trustee for the California Science Center Foundation. She is also an active member of the Scripps College Alumnae Association and serves on its Alumnae Leadership Council. Catherine earned her bachelor’s degree in British and American literature at Scripps College, Claremont, California, and her Master’s of Business Administration at the University of California, Irvine.
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by Melanie Curtin – Inc.
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