A Recession’s Threat to Retirees and Near Retirees
A recession today could reduce a new retiree's ability to pay for assisted living or nursing care services or long-term care 20 years from now, among other effects,...
Unlocking the Code of Moshe Milevsky’s Latest Book
The retirement guru's technical new book shows software-savvy readers how to answer common questions in retirement income planning using his algorithms and "R" code.
Imagining the Post-Pandemic Economy
The federal government’s deficit will eventually need to be brought down, but it will nonetheless be appropriate for the government to spend more than it would have spent in...
The CARES Act Isn’t Careful Enough
If this agonizing period leads to genuine reform, our 'blood, sweat and tears' (to borrow Winston Churchill’s famous words) won't have been in vain, writes our contributor.
COVID-19’s Financial Impact on Older Americans
'Pandemics and financial crises have occurred throughout history,' writes our guest columnist, a former IMF official. 'Think of the biblical account of Ancient Egypt, and the cycle of lean...
An Imperfect Demand Stimulus
While the Great Depression of the 1930s saw a massive contraction in demand, the current crisis entails a massive shock to the economy’s supply side, writes our guest columnist,...
‘An Economist Walks Into a Brothel’
The legalized version of the world's oldest profession offers a test-case of risk and reward in Allison Schrager's new book, subtitled, 'And Other Unexpected Places to Understand Risk.' ...
To Defer or Not To Defer (SPIA or DIA)?
A deferred income annuity (DA) is cheaper than an immediate income annuity (IA), but an IA generates more income than a comparable risk-free investment, writes our guest columnist, the...
Risks that Can Ruin a Retirement, Part II
In retirement, "risk" can turn from an object of pursuit to an object of avoidance. In the second installment of a two-part article, our guest columnist continues his discussion...
Risks That Can Ruin a Retirement
In the first of a two-article series, the retirement expert, author and editor enumerates and describes the many risks that retirees face. (Spoiler alert: Mortality is not one of...
Philadelphia Story
Mackenzie, author of two books on pensions and annuities, attended the Pension Research Council’s conference on “The Market for Retirement Financial Advice” two weeks ago at the Wharton School...
