Covid’s impact on women’s retirement security Episode 31
Episode Notes
Despite progress made in recent decades, women continue to be at greater risk of not achieving a financially secure retirement than men, in large part due to the gender pay gap and time out of the workforce for parenting and caregiving. Covid has made that situation worse. Tired of juggling work responsibilities and family caregiving duties during the pandemic, many women simply gave up and joined the Great Resignation. With Mary Beth to discuss how Covid has affected the outlook for women’s retirement security is Catherine Collinson, CEO and president of the Transamerica Institute and its Transamerica Center for Retirement Studies.
Guest bio: Catherine Collinson serves as CEO and President of nonprofit Transamerica Institute and its Transamerica Center for Retirement Studies, and is a champion for Americans who are at risk of not achieving a financially secure retirement. Catherine oversees all research and outreach initiatives, including the Annual Transamerica Retirement Survey. Catherine also serves as Executive Director of 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 was named a 2018 Influencer in Aging by PBS’ Next Avenue. In 2016, she was honored with a Hero Award from 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 Milken Institute’s Center for the Future of Aging. She co-hosts ClearPath: Your Roadmap to Health and Wealth on WYPR, Baltimore’s NPR news station.
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.
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.
This season is brought to you by Transamerica.
For more information, and tools on how you can support female clients on their journey to and through retirement visit www.transamerica.com/women-and-investing
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