Using "non-Gaussian" analysis, Jim Otar has created a benchmark for evaluating retirement savings vehicles--and discovered that cautious savers might want to hold fewer equities.
'While mimicking the high payouts of an actuarially fair variable life annuity, TSAs would cost significantly less than commercial life annuities,' write Forman and Fullmer.
'We have all these insurance agents selling billions of dollars of fixed indexed annuities. But they have few clues about how the crediting rates have performed,'' says Kent Jacquay. With his Indexalyzer software, he proposes a solution.
Achaean Financial and Ash Brokerage, a large Fort Wayne, Ind., BGA, are partnering on a potential retirement game-changer: Achaean's immediate indexed income annuity, couched in Ash's JourneyGuide planning software. The underwriter has yet to be named.
Even if GDP growth remains low, corporations can use stock repurchases to boost the growth of their stock prices to match past rates of appreciation, say researchers at the Center for Retirement Research at Boston College.
The author argues that his fellow liberals shouldn’t oppose an increase in the minimum age for claiming Social Security.
More than half of workers say they have less than $25,000 in total savings and investments, excluding their homes.
But the survey also showed that 57% of DB plan sponsors had frozen their plans to new entrants.
Some millionaires need only $1.75 million in investments to “feel wealthy," but 42% won’t feel wealthy until they have $7.5 million, a Fidelity survey found.
Conning Research reports that transactions increased 36% and deal value increased 224%, reversing a five-year decline.
The SSF, which was established in 2000 and receives a statutory 10% of the proceeds of all IPOs by Chinese state-owned enterprises (SOEs), is the largest pension fund investor in China.