Events General SPI SPI

Policy & practice: How to build long-term financial wellness

We know that liquid assets provide a safety net for short-term financial well-being, but how can we transition from short-term financial stability to longer-term financial health?

Researchers, Jeremy Burke, Stephen Roll and Emily Gallagher shared their findings on the mitigation effect of liquid assets during a financial shock, the leading factors that contribute to long-term financial stability, and programs, policies, and behaviors that could support long-term financial wellness. Hector Ortiz, senior policy analyst with the Consumer Financial Protection Bureau, moderated the conversation with the researchers following their presentations, including an opportunity for attendees to submit their own questions.

Watch the recording of “Policy & practice: How to build long-term financial wellness” hosted by the Social Policy Institute at Washington University in St. Louis and AARP Public Policy Institute on August 5th.

Watch the recording to learn more about this important conversation about current research on financial wellbeing and to identify much-needed opportunities for future exploration about how to build longer-term financial health.


  • Catherine Harvey, senior policy advisor, AARP Public Policy Institute
  • Jeremy Burke, research scientist, Dornsife Center for Economic and Social Research, University of Southern California
  • Stephen Roll, research assistant professor, Social Policy Institute at Washington University in St. Louis
  • Emily Gallagher, assistant professor of finance, University of Colorado Boulder
  • Hector Ortiz, senior policy analyst, Consumer Financial Protection Bureau

Presentations & publications:

  • Jeremy Burke: Presentation Slides
    • Report: From Short-Term Financial Well-Being to Long-Term Financial Security
  • Stephen Roll: Presentation Slides
    • Brief: Financial Shocks and Financial Well-Being: Which Factors Help Build Financial Resiliency in Lower-Income Households?
    • Working paper: Assessing the Short-Term Stability of Financial Well-Being in Low- and Moderate-Income Households
  • Emily Gallagher: Presentation Slides
    • Report: Does Short-term Emergency Savings Translate into Longer-term Financial Wellness?

Additional resources and papers: