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Lam discusses shifts in global population, past and future

Thompson says LGBT social movement will bring new strength in push for tighter gun control

Yang says devalued pound will decrease resources for the families of migrant workers in Britain

Highlights

Overview of Michigan's advanced research computing resources, Monday, June 27, 9-10:30 am, BSRB - Kahn Auditorium

U-M's Data Science Initiative offers expanded consulting services via CSCAR

Elizabeth Bruch promoted to Associate Professor

Susan Murphy elected to the National Academy of Sciences

Next Brown Bag

PSC Brown Bags
will resume fall 2016

Frank P. Stafford

Stafford says stock market declines discourage retirement saving

a PSC In The News reference, 2013

"Americans Not Juicing up Retirement Savings" - Fox News. 08/20/2013.

Analysts say that the savings habits of Americans, especially near-retirement age Americans, is troubling. Frank Stafford offers an explanation for low or even dwindling retirement savings: major downturns on Wall Street have discouraged investment in 401(k) plans. And, says Stafford, those who don't stop saving entirely after a downturn often end up switching into cash or fixed-income investments right before a subsequent recovery in stock prices, which also hurts retirement savings.

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Frank P. Stafford

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