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.

How Debt Affects Retirement

“Remaking Retirement? Debt in an Aging Economy," was the theme of the 65th annual symposium of the Wharton School's Pension Research Council, held last week in Philadelphia. (Photo: Kitchen and retirement makeovers sometimes occur in tandem.)
Anecdotal Evidence

It’s No Joke: The Fed’s Comic Book is Wrong

The educational comic book from the New York Fed means well but perpetuates the myth that money was created in the private sector to facilitate barter and enabled commerce to flourish. History shows otherwise.
Anecdotal Evidence

Annuities that Pay Cash Back Rewards

Gainbridge, a insur-tech startup, aims to sell fixed deferred and period certain income annuities online. Its sister company, Relay, uses annuities to fund cash back rewards cards. Both firms are part of Group1001 (formerly Delaware Life Holdings).
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Anecdotal Evidence

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.
Anecdotal Evidence

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
Anecdotal Evidence

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.
Anecdotal Evidence

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.