Anirban Basu | WYPR

Anirban Basu

Host, Morning Economic Report

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.

He is the author of numerous regional publications including the Mid-Atlantic Economic Quarterly and Outlook Maryland and is routinely asked to contribute to local media, including on his radio show on WTMD, 89.7 FM/Baltimore and here on WYPR's Morning Economic Forecast.  Anirban completed his graduate work in mathematical economics at the University of Maryland.  He earned a Masters in Public Policy from Harvard University in 1992. His Bachelors in Foreign Service is from Georgetown University and was earned in 1990.  He is currently working toward his J.D. at the University of Maryland, Baltimore.

So now we are into 2018, which means that we are in the midst of another year during which people will be both fretting about and preparing for retirement.  As indicated by U.S. News, there are some reasons to believe that your retirement will be meaningfully better than the one your grandparents lived. At the heart of this optimism are technological advances...

Also for the week of January 19: the state of retailers and cooperation among U.S. and global cities. 

Let’s say that you work for a company offering automatic enrollment in their retirement plan. That’s a good thing. In such instances, the employer will typically enroll an employee in the plan once he or she meets eligibility requirements. At that point, a certain percentage of the paycheck, known as the contribution rate, will be directed into the investment fund the company has selected...

For the week of January 12, Anirban reports on the lengths of the American commute, employer benefits and the rise and fall of the economy. 

Economic Insecurity

Jan 11, 2018

Inequality and economic insecurity have been on the rise among American workers for years. A new report from the Organization for Economic Cooperation and Development finds that the situation deteriorates further as Americans age into retirement...

Anirban on wealth disparities and global economies.

Fragile finances

Jan 4, 2018

Record number of Americans older than 65  are working – now nearly one in five as indicated by the Washington Post. That proportion has risen steadily over the past decade and at a rate far in excess of any other age group...

Anirban recaps the year in economic news.

Where to Retire

Dec 28, 2017

We often pontificate about how to save for retirement, how much to save, how long to work, and how to budget. But perhaps the solution to retirement lies largely in deciding where one should live.

Anirban discusses job growth and immigrant entrepreneurship. 

A 2016 Fidelity study estimates that a typical retired couple will have $260,000 in out-of-pocket healthcare outlays, up from an estimated $220,000 in 2014...

Understanding cryptocurrency, younger Americans' support of capitalism, residential mobility, and more.  

Delaying Retirement

Dec 15, 2017

There are a lot of people in a lot of places offering retirement advice.  Many of these advisors suggest taking full advantage of employer-sponsored savings plans, maintaining a diversified portfolio, and quickly paying off high interest debt.  All of that makes sense...

This week: Holidays shopping, unemployment rates, global aptitude tests, and more. 

What does it mean to retire early?  Well, according to Aperion Care, which has produced an interactive map indicating the official and average retirement ages for people around the world, the typical American leaves the workforce at the age of 63...

This week: Fitbits, vehicle sales, Harvard's endowment, and more. 

When people need cash in a hurry, their lack of emergency savings can create financial issues far beyond that short-term cash crunch.  

Click on the image for the MER's for the week of November 20.

Click on the image for the MER's for the week of November 13. 

Questioning Retirement

Nov 23, 2017

So you want to retire early? There's some questions you should be asking yourself. 

Inequality and economic insecurity have been on the rise among American workers for years...

Click on the image for the MER's for the week of November 6.

Click on the image for the reports for the week of November 6. 

Many would agree that we are in the midst of a retirement crisis, with many households effectively having saved nothing for retirement and therefore enormously dependent upon a single source of income – Social Security.  But is it possible that one day in the distant future, America will not be in the midst of a retirement crisis because household savings patterns will have changed? 

Click on the image for the MER's for the week of October 30.

Click on the image for the MER's for the week of October 23.

In this segment, we often discuss the lack of preparedness for retirement suffered by many Americans. But with the economy improving recently and financial markets surging, there have been some positive developments and there is evidence of growing confidence among seniors...

October is an important month for America’s retirees. That’s not simply because there will soon be children banging on doors making outrageous demands for candy and threatening diabolical acts. It’s also because October is the month when Social Security trustees typically announce the annual cost of living adjustment to monthly checks.  

Click on the image for the MER's the week of October 16. 

Working Seniors

Oct 19, 2017

Many of us worry that we will not have the financial capacity to actually retire. We are living longer, which is a good thing, but our lives are also more expensive and many of use to not have an extensive financial safety net.  Accordingly, record number of Americans older than 65 are working – now nearly 1 in 5 as indicated by The Washington Post.