Spending in Retirement
Learn how to best work with clients to determine their optimal retirement spending plan.
Age bias up in worker layoffs
By Danielle AndrusAs unemployment rises, so do claims of discrimination. Age-based discrimination claims increased nearly 30 percent in the year ended Sep. 30, according to the Wall...
March 12, 2009
Put tax reform to work for youWealthy clients bemoaning President Obama's tax reforms may find little comfort knowing they aren't effective until 2011 -- Charles Schwab found 41 percent of investment...
March 11, 2009
New advocacy group unveils framework for better retirementPrivate retirement plans are not working. So says four organizations that launched Retirement USA, an initiative aimed at rebuilding America's retirement system, yesterday. "America's promise of...
March 11, 2009
Workers stay committed to 401(k) systemWorking Americans are still committed to the 401(k) system, says Investment Company Institute President and CEO Paul Schott Stevens. Updated data from October through the end...
March 10, 2009
Younger boomers face greater reduced income in shift to DC plansYounger boomers face the greatest risk from an accelerated shift to defined contribution (DC) from defined benefit (DB) pension plans. While most older boomers will...
March 10, 2009
2008 - 'The year that wiped out wealth'Equity, fixed income and asset allocation fund investors experienced average annual losses for all time periods except the longest (20-year) time frame, according to DALBAR's...
March 10, 2009
ETFs as retirement investments gets a pushAs financial service giants Schwab and Pimco signal an interest in selling ETFs, the move could possibly boost the presence of the lower-cost funds in...
March 10, 2009
Madoff to plead guiltyBernard Madoff will plead guilty this week to 11 counts. He faces up to 150 years in prison. Madoff's attorney told the judge the possibility of...