With the SEC making the offering of annuities in companies’ 401(k) retirement plans easier, we are now scrambling to make this type of investment more transparent. There is something particularly tempting about annuities that appeal to a lot of people, for the same reasons that they loved fixed benefit pension plans. There is no doubt […]
New changes that will limit how far certain beneficiaries can stretch an inherited IRA have the retirement management community concerned. This is not a big change though. Retirement advisors are scrambling to find ways that their clients can work around the new rule changes that will be implemented in the upcoming Secure Act that restricts […]
Income in retirement is far too important to be left to simple-minded calculations. We need to get off the path of simple-mindedness and actually look to figure this out right. People’s situations differ quite a bit in retirement, and the circumstances surrounding the desirability of certain investments certainly do. We can’t just throw out percentages […]
Bankruptcies are painful at any age, including late in life. The aftermath of a bankruptcy isn’t as bad as many may think, and considerably less so for people already in retirement. Declaring a bankruptcy in itself isn’t a negative thing, and in fact this is a solution to a problem and not a problem in […]
Investment advice has always been pretty crusty, and this definitely is the case with what we do after retirement. There’s too much on the line to be stuck in the past. We’ve also come a long way with our understanding of markets and investing, at least on the leading edge, although we still are very […]
Nobel Prize winning economist William Sharpe is truly a legend in the economics of investing. Now 85 and retired, he is now focused on the issue of outliving your money. Planning for retirement properly and successfully is no small task. There are many variables involved, including how much you can comfortably save, what sort of […]
Three researchers from Boston College have just released a paper discussing shortcomings of the 401(k) retirement plan. The problems run even deeper than this. The Boston College Center for Retirement Research has a new paper out that examines some of the shortcomings of the 401(k) plan and how that is contributing to the shortfall in […]
When 2018 comes in as a good year for corporate pension funds, and 2019 isn’t a good year at all, we may wonder if the people who run these funds know what they are doing. Many people yearn for the good old days where a lot of people had a pension plan, and especially ones […]
Retirement accounts such as 401(k)s can be valuable tools to put you in a better financial position in retirement. It is important not to commit mistakes with them though. The biggest mistake people make with their 401(k) retirement accounts is not contributing as much as they could. It is not that these people have so […]
While investors are advised to seek professional guidance when it comes to managing their retirement savings, we shouldn’t necessarily just rely on the advice of others. When stock markets move significantly, especially when they move downward or may be expected to, this often attracts a lot of attention from retirement savers. Knowing what to do […]