Policy and Practice: How to Build Long-Term Financial Wellness

An evidence-based conversation about how to build long-term financial wellness.

We know that liquid assets provide a safety net for short-term financial well-being, but how can we transition from short-term financial stability to longer-term financial health?

On August 5, 2021, AARP and the Social Policy Institute at Washington University in St. Louis held a conversation about evidence-based factors that contribute to improving long-term financial well-being.

Researchers Jeremy Burke, Stephen Roll and Emily Gallagher shared their findings on the mitigation effect of liquid assets during a financial shock, the leading factors that contribute to long-term financial stability, and programs, policies, and behaviors that could support long-term financial wellness. Hector Ortiz, senior policy analyst with the Consumer Financial Protection Bureau, moderated a conversation with the researchers following their presentations, including an opportunity for question and answer with the attendees.

Watch the recording of this important conversation about current research identifying much-needed opportunities for future exploration about how to build longer-term financial health.

Speakers:

Catherine Harvey, senior policy advisor, AARP Public Policy Institute
Jeremy Burke, research scientist, Dornsife Center for Economic and Social Research, University of Southern California
Stephen Roll, research assistant professor, Social Policy Institute at Washington University in St. Louis
Emily Gallagher, assistant professor of finance, University of Colorado Boulder
Hector Ortiz, senior policy analyst, Consumer Financial Protection Bureau

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