The Bucketing Brigade

Pershing LLC, Sovereign Bank, and Securities America have all made Income for Life Model (IFLM) software available to advisors. That represents growth for IFLM, and progress for the income paradigm. (Sculpture by Stephane Cauchy.)

With BluePrint Income, AARP Ups its Ante on Annuity Sales

AARP's 38 million members can now buy income annuities and fixed-rate annuities on a platform powered by fintech firm Blueprint Income. Buyers get a complimentary annual 'retirement income check-up' from a salaried, insurance-licensed adviser. 

We Could Use Some Inflation

The Treasury said this week that it will borrow (and spend) about $3 trillion this quarter, to cover its stimulus promises. Where does that money come from and where does it go? 'The capital is going from one pocket to another,' explains Vanguard's active Treasury fund manager, who expects the stimulus to be withdrawn in 2022.

Look Homeward, Seeker of Liquidity

During a market crisis, a reverse mortgage home equity line of credit (ReLOC) can be a lifeline of ready cash for homeowners ages 62 and older. Don Graves of HECM Advisors Group explains.
Featured

Mind Your ETFs and CITs

In this data-rich report, the president of the Center for Due Diligence, a Chicago-based organization for plan advisors, explains which way the winds of the 401(k) world are blowing. (Hint: Think passive and low-cost.)
News

Investment opportunity in China?

Western investors shouldn't assume that they have no shot at managing China’s pension assets, according to a news report in IPE.com.

Social Security: A manageable problem

If employees and employers each paid 1.34 percentage points more in payroll taxes, starting immediately, everyone who reaches retirement age at least through 2086 would receive the current package of Social Security benefits, according to Alicia Munnell of Boston College.

The Bucket

Brief or late-breaking items from National Academy of Social Insurance, New York Life, LPL Financial, Fortigent, BNY Mellon, Investor Analytics, National Exchange Traded Funds Association, and the American Association of Long-Term Care Insurance.

Macchia, the Man and the Machine

David Macchia, the president of Wealth2k and developer of Income for Life Model, keeps going and going and going... and thinking a lot about the Boomer retirement income opportunity.

Mind the Longevity Gap!

Ruark Insurance Advisors Inc. estimates that the cost of unhedged longevity risk in a typical variable annuity living benefit could be as much as 1.40% annually on the declining asset balance--in addition to the customary policyholder charge of 1.00%.