Rekindling Equity Enthusiasm; Optimizing Annuity Options: March Research—Slideshow
"Stocks: A Hard Sell," the cover story by Ellen Uzelac, details how client enthusiasm for equities has taken a hit in recent years. The Annuity Analytics column, by Prof. Moshe Milevsky, offers advice on how to make the most of guaranteed living benefits in annuity contracts.
Milevsky’s VA Shocker: Turn on Your Living Benefit, Now
Advisors ask me whether clients should “hurry up”—in light of the declining richness of GLB riders—and add money to VAs they already own, before it is too late. My answer will not be what you expected.
Beyond the Ivory Tower
For three decades, Jim Poterba has studied how taxation affects household and business decision-making. The big takeaway for financial advisors: one size does not fit all.
Milevsky’s ‘7 Most Important Equations’ on Retirement Offers 7 Crucial Ideas for Advisors
Moshe Milevsky, whose new book will be released in June, has become a rock star on the advisor lecture circuit. Why?
Tame Risk for a More Rewarding Retirement
A tidal wave of baby boomers is rolling into retirement and about 76 million people—roughly 10,000 a day—will turn 65 over the next two decades.
Milevsky: Is There an Optimal Portfolio Drawdown Rate?
Financial advisors wedded to a 4 percent annual withdrawal rate for their clients' retirement portfolios are likely doing their clients a grave disservice, according to...
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Research Investment Roundtable
When the going gets tough, the tough go...bargain hunting for cheap stocks. Though weak corporate earnings are forecast to make 2009 a rough-and-tumble year indeed, there's...
Lesson 9: Moral Hazard
One of the theoretical foundations of modern insurance pricing is a principle called "moral hazard." It lies at the heart of many actuarial models, is...
Guaranteed Income Gap Growing
A new study on retirement readiness suggests that most pre-retirees seriously underestimate the number of years they will be retired and thus the amount of savings they will need to last them through those years.