No-Nonsense Income Planning
Jim Otar has explained his "zone" approach to retirement income planning in hundreds of presentations to thousands of advisors since 1997. He spoke at the IMCA retirement conference in Scottsdale earlier this month.
A Chip Off the Old Rock?
Bloomberg reported this week that Prudential is considering selling its retirement plan recordkeeping business. Prudential didn't confirm the report, but several industry insiders did. Low interest rates, high costs of IT makeovers, and sticky stable value fund guarantees are driving the move, RIJ was told.
What’s Cooking at ‘Income Lab’?
At their software start-up, Income Lab, three former Jackson National Life executives want to help advisers help clients optimize retirement income. They enter a financial planning field dominated by MoneyGuidePro and eMoney Advisor.
Security Benefit Life’s Secret Sauce
Joe Wittrock, CIO at Security Benefit Life, explains how the firm's investments outperform. Eldridge Industries, run by ex-Guggenheim president Todd Boehly, owns SBL, Billboard magazine (right, with Billie Eilish on the cover) and lots else.
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Fed raises target overnight rate by quarter-percent
'Were the FOMC to delay the start of policy normalization for too long, we would likely end up having to tighten policy relatively abruptly at some point,' Janet Yellen said at a press conference yesterday announcing the first rate hike in seven years.
Quartzite’s Most Famous Pianist
Paul Winer, aka Sweet Pie, is a 72-year-old blues musician, nudist, used book seller and one of tiny Quartzite, Arizona's principal tourist attractions. If you visit his store, be sure to buy a few books or albums. He never saved much for retirement.
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