Ten Images that Explain Retirement

No, this image isn't one of them! A while ago, we asked retirement advisers what images they use to illustrate complex financial principles. The frequent response: “When you find some, let us know!” So here are our suggestions.

Why Indexed Annuity Sales Are So Strong

Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?

Lessons from a Living (DC) Experiment

Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)

What Advisors Want from Annuity Issuers

This week, RIJ received a press copy of “What Advisors Want from Annuity and Insurer Providers-2019,” a study by Practical Perspectives, a Boxford, MA-based financial services market research firm.

RetirePreneur: Stan Haithcock

‘Stan the Annuity Man’ Haithcock sells fixed annuities purely for protection, not growth. A long-time critic of his own industry’s sales practices, he’s been called ‘the walking middle finger of annuity truth.’

In 2013, Jackson National Broke Sales Records; VA Industry Broke Even

Lincoln, SunAmerica, and Aegon notched 36.9%, 39.3%, and 59.3% sales gains in 2013, respectively, according to Morningstar's quarterly Variable Annuity Sales and Assets Survey. Prudential and MetLife ended 2013 in fifth and sixth place after finishing 2012 in first and third place, respectively.

New issue of The Journal of Retirement appears

The Journal of Retirement, the year-old academic quarterly produced by Institutional Investor Journals, underwritten by Bank of America Merrill Lynch and edited by George A. (Sandy) Mackenzie, announced the publication of its Spring 2014 edition.


Our story two weeks ago about Nationwide's New Heights fixed indexed annuity contained an error in the explanation of the crediting method.

Quote of the Week

"When the rate of return on capital significantly exceeds the growth rate of the economy (as it did through much of history until the 19th century and as is likely to be the case again in the 21st century), then it logically follows that inherited wealth grows faster than output and income. Under such conditions, it is almost inevitable that inherited wealth will dominate wealth amassed from a lifetime's labor by a wide margin, and the concentration of capital will attain extremely high levels--levels potentially incompatible with the meritocratic values and principles of social justice fundamental to modern democratic societies" -- Thomas Piketty, "Capital in the 21st Century."