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Savings Behavior

Philip Brewer/flickr

People expect to live longer these days, and available evidence suggests that that has begun to impact their savings behavior. According to the National Center for Health Statistics, the American lifespan now averages nearly 79 years. As reported by CNBC, a recent analysis of data by Ascensus pulled from more than 4,000 employer-sponsored retirement plans points to a number of emerging trends. 

Anirban has more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.