A mortality and longevity expert at Willis Towers Watson writes that 'the variability of the mortality impact by age makes the impact highly variable by type of insurer.'
Three experts from The American College of Financial Services offer suggestions for managing retirement assets amid the most challenging market environment since 2008.
Instead of monthly payments, the Vanguard Managed Allocation Fund will aim for annual payments. A highly diversified fund-of-funds, it will have a 0.32% expense ratio.
This equity slump can serve as a teaching moment for near-retirees who underestimated their need to develop a solid retirement income plan.
Letter to the Editor
The author, an emeritus professor at Penn's Wharton School, doesn't fully agree with the thrust of last week's RIJ cover story, 'At These Rates, Why Bother to Save?'