Three retirement experts talk about boring products that you might wish you owned right now: I-Bonds, cash value life insurance and annuities.
“With zero rates, I get a ‘shrinking iceberg’ feeling,” said Tim Paris, president of Ruark Consulting. He tracks annuity contract owner behavior and sees danger for life insurers at times like these.
'As evidence of investors' lack of enthusiasm for U.S. equities, a record $27.8 billion flowed out of the SPDR S&P 500 ETF,' the fund research firm reported.
While the Great Depression of the 1930s saw a massive contraction in demand, the current crisis entails a massive shock to the economy’s supply side, writes our guest columnist, the founding editor of The Journal of Retirement. He sees flaws in the Senate’s assistance package.
In the current stressed environment, "employers must take steps to remain in business, which means reducing expenses, including their contributions to their qualified retirement plans," say Wagner Law Group attorneys. (Photo: Marcia Wagner)