Pension planning and psychosocial support: how institutions can help academics at the late career stage

Working Scientist

The list of things to organize as retirement from academia approaches can feel daunting. In the fourth episode of The last few miles, a six-part podcast series about the late career stage in science, researchers talk about health, housing and financial planning.

Carol Shoshkes Reiss, an immunologist at New York University, explains how her institution assigns individual wealth managers to advise on retirement investments and budgeting.

Inger Mewburn, who leads researcher training at the Australian National University in Canberra, chose a private accountant to manage her finances, who probes not only her approach to risk around investments, but also potential retirement dates and her income expectations.

Entomologist Matan Shelomi, associate professor at the National Taiwan University in Taipei and originally a citizen of the United States, describes how he has had to amend his retirement plans as an expat academic.

Gerontologist Stacey Gordon works with Shoshkes Reiss at New York University as part of a personalised program to support individuals with the mental and social aspects of their retirement, helping colleagues to find purpose and meaning in retirement.

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