A Physician Heals Himself (Financially)

Baltimore radiologist Dimitri Merine hopes to retire in seven years, at age 63. So he created a do-it-yourself retirement income plan, using systematic withdrawals, dividends, a bond ladder and a deferred income annuity.

Thanks-givings (Not Misgivings) about Social Security

This year I'm claiming the Social Security benefits that I've earned on my own work record. I'm old enough now to be truly thankful for Social Security, whose future is precisely as certain, as fair, and as bountiful as we decide it will be.

The Alt-Asset Teams that Reinvent Annuity Companies

'Insurance Solutions' groups use private assets to boost the returns of life/annuity company investment portfolios. RIJ talks with Todd Fonner of Investcorp Insurance Solutions about this trend.

One Life Insurer’s Pivot to Private Assets

American Equity Investment Life’s ‘AEL 2.0’ strategy is designed to help it thrive even in a low yield environment. Allocating up to 40% of its money to ‘private assets’ is key to the fixed annuity specialist's plan.
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Leave Retirement to the Professionals, Actuaries Say

A new report from the American Academy of Actuaries posits four basic principles that, if followed, it believes will lead to better pension plans and more secure retirements for participants. Relieving employers of plan sponsorship is one idea.
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Where do the wealthiest Americans buy their financial services?

The three biggest types of providers of financial services to the wealthy are the so-called wirehouses, with $2.4 trillion, private client groups, with $1.4 trillion, and state-registered trust companies, with $446 billion, according to new research from Cerulli Associates.

Vanguard partners with HelloWallet

Washington, D.C.-based HelloWallet, provides automated, Internet-mediated financial guidance. Founded and led by 38-year-old political scientist Matt Fellowes, it has financial backing from Morningstar, Inc., TD Fund, Grotech Ventures, and Revolution LLC.

The system is working: EBRI

For many, the achievement of an adequate income replacement rate in retirement may require having 30 years' access to a 401(k) plan and undiminished Social Security benefits, according to the Employee Benefit Research Institute.

“Do you believe in the American Dream?”

“American dream” means different things to different people. About 80% of older Boomers consider it to mean home ownership and financial independence, while younger people “focus on developing a monthly budget,” according to MassMutual.