Why Ken Fisher Is Wrong on Annuities: Milevsky, Finke
In a recent ThinkAdvisor interview, Fisher said annuities were full of false promises. Milevsky, Finke and other annuity experts vehemently object.
Older Parents Squeezed Between Paying for College, Retirement
There’s no workaround when it comes to paying for kids’ education and getting ready for retirement.
Octogenarians Weigh In on Retirement
New York Life polled retirees 80 and older on why they retired when they did and where they get their income.
Lawmakers Want Yet Another Comment Period on DOL Fiduciary Rule
Meanwhile, investor advocacy group Better Markets warns DOL not to get “stuck in an infinite feedback loop of public comments.”
Servicemembers Like Their Pension System but Support Reform
While two-thirds of career servicemembers support plans to add defined-contribution elements to their retirement system, most prefer the current system for themselves, a survey found.
Sen. Warren Slams Annuity Providers, Sellers for ‘Conflicts of Interest’
Warren says companies provide $17 billion in direct or indirect “kickbacks” to advisors who sell annuities; industry groups question her conclusions.
Popular Social Security Claiming Strategy Gutted in Budget Bill
The changes to Social Security spousal benefits will be "devastating," Kotlikoff said.
401(k) vs. Pension: Which Is Better?
Here is a look at 4 stakeholder views on the question of 401(k)’s efficacy, or inadequacy, in preparing the country for retirement.
8 Huge Financial Meltdowns by Major League Baseball Players
Poor investments, scam artists and just plain old profligate spending are pitfalls some players can’t avoid.
Bill to Stop DOL Fiduciary Rule Passes House
The House passed by a 245-186 vote Rep. Ann Wagner’s bill to stop DOL from moving forward on its fiduciary rule.