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NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Contributor.

Karen Andres
Center for Financial Services Innovation

Karen Andres is a Vice President at CFSI and head of CFSI’s long-term savings and retirement practice. She leads CFSI’s growing work and strategy in the retirement space, including multiple research and thought leadership projects focused on accelerating private market innovation that can bolster the long-term financial health of vulnerable workers, pre-retirees and retirees alike.

Articles by Karen Andres

  • Guest Articles

    Friday
    March 22
    2019

    Karen Andres

    Managing Money in Retirement is Hard – Fintech May Make it Easier

    As many as 42 million Americans aged 50 or older struggle with some aspect of their financial lives, according to new research by the Center for Financial Services Innovation. The new report shows how the work-to-retire model of building savings and paying off debt has been replaced with far more complex scenarios and, for many, delayed retirement. Karen Andres, Vice President at CFSI, sees a solution in fintech – she highlights several apps that leverage tools like prize-linked savings, automated transaction monitoring, and innovative ways to create steady income streams.

    Categories
    Finance, Technology
    Tags
    financial health, fintech
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