Economy & Markets
The important economic and stock market news that advisors need to know.
Not Only Money Motivates
By Mary ScottIs it possible to learn something new about how to help motivate others to do their best? Yes -- according to Tyler Cowen, a professor...
May 01, 2008
A Magnet for Active RetireesWho: Jim Naugle, Mayor of Ft. Lauderdale, Fla.Where: Creolina's, 209 SW 2nd Street, Ft. Lauderdale, Fla., January 29, 2008On the Menu: Chicken Proven?al, Bananas Foster...
May 01, 2008
Is America Irrelevant?Robert Reich's recent commentary on "Marketplace," a public-radio business program, addressed the impact of the impending U.S. economic recession on emerging economies. Gone are the days...
May 01, 2008
Three Sources of IncomeAcademic research shows that, over our lifecycle, we can generate income from three major sources: human capital, social capital and financial capital. Chart 1 illustrates how...
April 28, 2008
Income and spending preferences78%: Percentage of people age 50 to 64 with at least one credit card, compared with 55 percent who have a debit or check card. 74%: Percentage of people over age 65 with at least one credit ca
April 17, 2008
Lifetime withdrawal benefit debutsIn a nod to Americans who want a guaranteed stream of income during retirement, John Hancock Annuities has introduced an optional lifetime withdrawal benefit rider, Income Plus for Life, to its Venture Variable Annuity contracts. Annual income is
April 17, 2008
Flexible lifetime income productAmerica gains a new member to the 60-yearold club every eight seconds, as the baby boomergeneration enters its senior phase. With that in mind, Prudential Retirement, a division of Prudential Financial, introduced Prudential IncomeFlex. IncomeFlex,
April 17, 2008
VA offers growth, withdrawalsAsset growth and guaranteed withdrawals. Retirees, pre-retirees and their advisors are always on the lookout for both, seeking that balance that will fund a long and happy retirement. The Guardian Insurance & Annuity Co. introduced an annuity