Spending in Retirement
Learn how to best work with clients to determine their optimal retirement spending plan.
Why So Many Americans Die Poor, and Other Big Retirement Questions: MIT’s Poterba
By Gil WeinreichCan the elderly withstand the financial impact of health shocks? Is the annuity puzzle really so puzzling? These are just some of the key questions that award-winning economist James Poterba has investigated.Can the elderly withstand the financial impact of health shocks? Is the annuity puzzle really so puzzling? Will the...
August 07, 2012
Doctors at hospital chain giant performed unnecessary cardiac work, increasing profits (MSNBC)A review of internal documents does not reveal how many unnecessary procedures were performed or how many patients might have been injured or died as a result.
August 06, 2012
Young Adults Have Rosy Retirement Goals but Lack PreparationMore than a third of people younger than 35 think theyll retire before they turn 60, a report released Wednesday by the BMO Retirement Institute found, but a quarter havent started saving.
August 06, 2012
Patton’s Fund Picks, Pt. 4: TIPS and Mortgage-Backed FundsIn this fourth post on my favorite mutual funds, we take a look at inflation-protected securities and mortgage-backed securities funds.
August 06, 2012
State Pensions Wasted $6 Billion on Wall Street Fees: StudyState pension systems spent some $7.8 billion in management fees in 2011, according to a new study by the Maryland Tax Education Foundation.
August 03, 2012
Keep Savin’ It, Sister: GAO Says Women Saving More, but Need Social Security More Than MenAmerican women may think theyre good at penny-pinching, but it turns out that theyll need to save even more if they want to feel secure in retirement.
August 02, 2012
IRI: Income Disparities Lead to Retirement Shortfall for WomenIncome disparities between men and women have led to a retirement shortfall of between 25% and 30%, a report released Tuesday by the Insured Retirement Institute found.
July 31, 2012
AIG Advisor Group Buys Woodbury FinancialThe wait is over. AIG and The Hartford announced Tuesday evening that the insurance giants had signed a definitive agreement to make Woodbury Financial Services part of AIGs Advisor Group