In the News • December 8, 2014
“A California plan to give private-sector workers a state-run retirement savings plan is nearing $1 million in contributions, the goal set to pay for a market analysis to help design the program. Although the California plan is still in the formative stage, last week the Illinois legislature approved a plan based on the California model, […]
In the News • December 4, 2014
Read the Pensions & Investments article.
In the News • October 6, 2014
“Andrew Biggs and Sylvester Schieber’s contention that American retirees aren’t facing a retirement income crisis is largely based on a single cherry-picked number from one chart from a 365-page report by the OECD (“The Imaginary Retirement-Income Crisis,” op-ed, Sept. 30). The chart shows that on average Americans over the age of 65 have an income […]
In the News • August 12, 2014
“I disagree with your Aug. 4 front-page article “City’s System for Pensions Shows Strain.” New York City’s pension funds are on the road to recovery after weathering enormous losses from the collapse of the housing bubble, the economy and the stock market. Comptroller Scott M. Stringer reported recently that the city’s funds posted a 17.4 […]
In the News • August 8, 2014
“There is one undeniable demographic reality of our time. We are all going to have to work longer and save more for our retirement. Since the beginning of civilization, the care of the elderly has been the responsibility of younger generations. Before the last century, that responsibility was organized with families or tribes. But, beginning […]
In the News • July 4, 2014
“Saving for retirement early and often is part of the common financial wisdom. But those nest eggs aren’t always enough. Some baby boomers like Dorry Clay, a graphic designer and illustrator, set aside money for decades. Then unexpected costs arise. Ms. Clay learned she had cancer and raided her retirement account to cover chemotherapy. “That wiped […]
In the News • May 12, 2014
“Expanding the public retirement system to the private sector moved to political reality from abstract concept this year, as 16 states either are considering legislation or taking the first steps toward implementing new approaches.” -Pension & Investments Read the article.
In the News • May 5, 2014
“The folks at Bankrate.com have just released their annual list of The Best States to Retire — and, flipped on its head, The Worst.” -Forbes Read the article.
In the News • April 5, 2014
“Wyoming is a far better financial safe harbor for retirement than Sunbelt states that retirees typically flock to, according to a new study from the National Institute on Retirement Security. Measuring retirement readiness across the country, the “Financial Security Scorecard” gives the home of Grand Teton National Park and a good deal…” -Wall Street Journal […]