Tag: "investments"

Is the Path to Retirement Just Pure Luck? (Part I)

No. Last month, Wells Fargo and Gallup released a poll on household investors’ opinions. Wells Fargo’s media release headline reads: “Low Rates Force One in Three Investors to Delay Retirement.” The Los Angeles Times reads, “Low Interest Rates are Hampering Retirement Plans.” Whenever I see these kinds of headlines, I like to get to heart […]

The Great 2013 Tax Hike on the "Wealthy"

buy essay papers p>I have written about this topic before…the expiration of the Bush tax cuts…but it is worth repeating. Despite Congress” apparent lack of concern over the federal budget, most households are concerned about their own budgets. Start planning now for 2013, because in 7 months, it may get worse. There are many tax […]

Baby Boomers vs. Generation Y

The Insured Retirement Institute released a survey this week (described on the Wall Street Journal”s Smart Money blo Meditation Expert. g) about the state of baby boomer retirement. It is indeed a sad state, but nothing new to report. As previous surveys have indicated, they are simply not ready: 35 percent of 50 to 66 […]

Will You Live Past 90?

The latest Census data show that more people are living to age 90, according to Healthday. In fact the 90-and-beyond crowd has tripled since 1980, to 1.9 million people today. Most are women (75 percent), and many live alone but are not necessarily independent and healthy. The average income for people aged 90 and older […]

The Rest of the Retirement Story

Another sobering about retirement, or lack thereof: Households that expected to find retirement just around the corner will have to work longer. The main reason? Debt, debt, and more debt: mortgages, home equity loans, kids’ college expenses and credit card debts are saddling 60- to 64-year-old households who expected their retirement-age years to be stress-free. […]

Walk….Don’t Run When the Financial Markets Speak

One of the most important things to remember in an emergency is to remain calm. Panic tends to cloud a person’s rational thinking and judgment. In every situation, panic can create more problems than it solves. It does two things: 1) It causes us to misunderstand the ramifications of the problem we are trying to […]

Pension Funds: What Not to Do

A word to the states and the people:  ignore what the federal government is doing in terms of how to manage a budget.  Among the dire predictions about the solvency of state and local employee pension funds (see our NCPA study on this topic), Treasury Secretary Timothy Geithner recently announced that unless the debt ceiling was […]

The Case for Private Accounts

In today's Wall Street Journal, Martin Feldstein makes the as an alternative to Social Security.  I enjoy reading articles like Feldstein's because they use simple math to compare the rate of return on Social Security benefits to the rate of return on rather conservative market investments.  And the math doesn't lie. For a median-wage worker, Social […]

Government in the Annuity Business?

I ran across an article in the New York Times op-ed section two weeks ago, “Paying for Old Age,” by Henry T.C. Hu and Terrance Odean.  Hu and Odean have come up with a novel idea that would allow people to retire with a steady stream of income without fear of outliving their money.  If […]

Marketing retirement to whom?

As I watched the Superbowl commercials almost two weeks ago, I came to the decision that I needed to write about an issue that has bothered me for months now:  commercials for retirement planning.