Vanguard Answers a Retirement Riddle
Why do so many affluent retirees pinch pennies, when could enjoy life more? Sellers of annuities and long-term care insurance may be interested in the answers that Vanguard and a team of academics came up with.
Value Investing for Retirement
“Purgatory is what I’m calling our set of forecasts,” said Ben Inker, GMO’s co-head of asset allocation, at the Morningstar Institutional Conference in Phoenix last week. “We won’t make much for seven years. But then we’ll see a steady rise to heaven.”
Live, from NY: Daniel Kahneman
Kahneman, co-recipient of a Nobel Prize for his work on behavioral finance and author of the best-seller, 'Thinking Fast and Slow,' spoke with informative grace and humor at the IMCA conference in New York a few weeks ago.
UBS Looks at Longevity and Annuities
For years, wealth managers have paid little attention to longevity risk or annuities. But times are changing, and even wirehouses like UBS are at least talking the longevity talk.
Featured
RetirePreneur: Chad Parks
Chad Parks, CEO and founder of Ubiquity Retirement + Savings, provides small businesses with affordable, easy-to-use retirement plans, including 401(k)s and IRAs.
New York Life’s new fixed deferred annuity has a GLWB
The Clear Income Fixed Annuity's lifetime withdrawal rider provides longevity risk protection income with more liquidity than a deferred income annuity, and is designed to compete well against fixed indexed annuities with GLWBs and low-yielding investments.
News
Senate hearing on retirement
A link on the next page will send you to a video of the March 12 hearing of the Senate Special Committee on Aging. Alicia Munnell of the Center for Retirement Research at Boston College and others testified.
Many rich people are DIY investors: Cerulli
Many high-net-worth investors use direct accounts to test their own investment ideas, provide liquidity, and even to shelter assets from their primary advisors,” the Boston-based research firm found.
