Survivor Funds: Not for the Faint of Heart

“Survivor funds,” which offer mortality credits but aren’t annuities, could provide investors with enhanced returns, these authors claim. But, for some, loss of principal would be certain. (Painting of New York's Tontine Coffee House by Streeter Blair, 1953)

‘Smart,’ from UK, Enters the US PEP Market

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.
Featured

The Risks to America’s Booming Economy

'The danger is that overpriced assets and high-risk loans could lose value and cause an economic downturn,' writes our guest columnist, the well-known Harvard economist.

Leaks in the Bucket Method

After reading Wade Pfau's new article on bucketing, I concluded that bucketing has three flaws as a retirement income generator. It calls for equities in the last bucket, not longevity annuities; timing risk makes it labor-intensive; and it's not for everybody.
News

Auto-enrollment promotes debt as well as savings, study shows

Lower-income employees had the biggest wealth increases from auto-enrollment, but they offset their gains—by as much as 75%—with new installment debt and credit card debt, according to a four-year study of participants in the federal Thrift Savings Plan.