Should Americans Be Required to Save for Retirement?
“Everybody’s a rugged individualist,” said Anthony Webb, an economist at the Center for Retirement Research at Boston College, “until things go wrong.”
Don’t Claim Social Security Before 70, Alicia Munnell Says
Munnell of Boston College argues that 70 is the de facto retirement age — at least as far as Social Security is concerned.
Is Education Bad for Younger Workers?
Higher levels of education attained by older workers are keeping them in the workforce longer, crowding out younger workers looking for jobs.
Olivia Mitchell: You Might Live to 100. Will Your Money?
Wharton professor Olivia Mitchell and Stephen Utkus of Vanguard on how investors can prepare for increasing likelihood of long life spans.
Mastering the Social Security Timing Game
Optimizing Social Security claims is a complex task—and a way that advisors can benefit clients greatly.
Alicia Munnell: Make 401(k) Auto-Enrollment Mandatory
Seven years after Congress encouraged employers to auto-enroll workers in 401(k)s, “the retirement fix has run out of steam,” the Center for Retirement Research says.
Alicia Munnell: Ban Actively Managed Funds From 401(k)s, IRAs
Why is it that every current wirehouse advisor says they’re completely open-architecture, while every former wirehouse advisor says they faced pressure to sell proprietary products?
Future of DC Plans Hitched to Economy, Education: Outlook 2013
By now, the move out of DB plans into DC plans has been well-established, although the success of the plans wavers with the strength of the economy. There are also two kinds of 401(k) investors.
Does the 4% Rule Still Hold? Shaping Healthier Retirement Income Planning
Changing times and increased market volatility have clients wondering—is there a better way?
Running Out of Money
It is a major fear for many Americans. In fact, there is excellent research to support the idea that Americans fear running out of money in retirement more than they fear death.