Retiree Portfolios in the New Normal: The Envelopes Strategy, Pt. 2
Clients will need to undertake a paradigm shift in thinking, redesigning their portfolios to produce predictable income in the “new normal.”
Middle-Income Boomers Face ‘New Retirement’
Two-thirds of boomers say they have not personally benefited from any economic recovery since 2007, Bankers Life finds.
Don’t Think Retirement Plans Are Safe From Tax Reform
The tax break on contributions to qualified retirement plans is still an attractive source of revenue to an administration needing a win on tax reform.
Isn’t It Really a Longevity Crisis?
What we call the retirement crisis is actually the much larger problem of not being prepared to live longer.
Managing Medicare: Tips and Tricks to Minimize Costs
Postretirement health care costs can be huge, but there are steps that can be taken to reduce the cost of Medicare coverage.
Judge Hammers DOL on Fiduciary Rule’s BICE
“I’m sort of befuddled about why this whole hornet's nest was created,” a judge on the three-judge panel said.
Fidelity Trims Index Fund Fees, Challenging Vanguard
The firm cuts total expenses by nearly 10 basis points in move to capture more passive-investor assets.
Fed's Fischer Warns Political Uncertainty Hurts Economic Growth
Long-term trends hold down global rates, and lack of clarity on heath care and taxes erodes business confidence, the Fed vice chairman says.
ProShares Adds Equity ETF Designed for Rising Rates: Portfolio Products
In other product news, Aria RetireOne announced it will start providing a fee-based variable annuity.
New Report Suggests Fixes to LTC Financing Challenge
Financing of LTC continues to plague lawmakers as people live longer and the number of dementia cases continues to skyrocket.