Read Rescuing Retirement today


“Ghilarducci and James aim to eliminate the retirement savings gap for those earning under $100,000 through affordable, low-fee, mandatory accounts with automatic annuitization. The pairing of an expert retirement economist and a financial hotshot has produced an innovative approach to this critical policy challenge. We need every idea we can get!”

Alicia Munnell
Director, Center for Retirement Research, Boston College

“Retiring with dignity shouldn’t be out of reach for so many Americans. Tony James and Teresa Ghilarducci’s plan is a bold and innovative fix to our broken retirement system.”

Chris Nassetta
president and CEO of Hilton Worldwide

Meet the Authors


Teresa Ghilarducci is a labor economist and nationally recognized expert in retirement security. She is the Bernard L. and Irene Schwartz Professor of Economics at The New School for Social Research and the Director of the Schwartz Center for Economic Policy Analysis (SCEPA) and The New School’s Retirement Equity Lab (ReLab).

Hamilton (Tony) E. James is President, Chief Operating Officer of Blackstone, and a member of the board of directors of the firm’s general partner, Blackstone Group Management L.L.C. He is also a member of Blackstone’s Management and Executive Committees and sits on each of the firm’s investment committees.