How a family in Seville, Spain, fixed their retirement income shortfall by investing in two Airbnb apartments in Barrio Santa Cruz, a magnet for lovers and other tourists.
'In pricing stock markets, people don’t seem to be relying on any good forecast of the next ten years’ earnings. They just seem to look at the past ten years, which are already done and gone,' writes the Nobel Prize-winning Yale economist.
Vanguard’s total flows for year were over $207 billion (DFA was second with $31 billion).
The company, which helps 401(k) participants manage their accounts more effectively, claims that its median client will save $41,456 in investment fees over his or her working career.
The Decumulation Beat
Their reliance on VA with living benefits has made life insurers 'more like pension fund managers because they have risky assets and guaranteed liabilities,' write economists at NYU-Stern and Princeton.
The Winter 2018 issue features a mix of articles by familiar authors, including Mark Warshawsky, David Blanchette, John Turner, Michael Kitces, and others.
The book is 'Rescuing Retirement,' by economist Teresa Ghilarducci of the New School and Hamilton James of BlackRock. Rush Limbaugh once called Ghilarducci 'the most dangerous woman in America' for her criticism of the 401(k) system.
As reported in Callan's 2018 Defined Contribution Trends Survey, many sponsors either believe they're unnecessary or are uncertain on the fiduciary implications.