Turning Home Equity into Lifetime Income
Tue, Apr 06, 2010
A financial planner compares and contrasts three ways to create monthly income for life from a typical reverse mortgage.
Tue, Apr 06, 2010
A financial planner compares and contrasts three ways to create monthly income for life from a typical reverse mortgage.
Tue, Mar 30, 2010
MetLife’s Retirewise program offers hundreds of brown-bag seminars, like the one depicted in this ad, for 401(k) participants at firms where MetLife isn’t the provider.
Wed, Mar 24, 2010
At the spring meeting of the Retirement Income Industry Association, held at Morningstar Inc. in Chicago, concepts like "stocks for the long run" and "safe withdrawal rate" were out of favor.
Wed, Mar 17, 2010
Lest they be drowned out by 401(k) critics, major DC plan providers have formed a new trade group, the DCIIA, chaired by PIMCO's Stacy Schaus. The group supports target-date collective trusts, deemed IRAs and lifetime income options.
Collective trust funds and target date funds are ‘made for each other,’ one analyst said. But will CTF-TDF hybrids create the same false sense of security among 401(k) participants that TDF mutual funds have?
The New School economist and 401(k) critic reveals that her notoriety is, in part, the result of a misunderstanding that went viral--with help from Rush Limbaugh.
Wed, Apr 07, 2010
If it's true that retired couples will need $350,000 on average to cover costs not covered by Medicare, Health Savings Accounts won't be large enough to do the job, says the benefits research organization.
Wed, Apr 07, 2010
The insurer won't focus on VAs as much as in the past. It expects total annuity sales of $5 billion in 2012, or less than half its individual annuity sales in 2008.
Wed, Apr 07, 2010
Age-related spending in the Czech Republic will be 23.4% of GDP by 2060, according to European Commission data.
Wed, Apr 07, 2010
More than eight in 10 Americans polled said they would use their tax refunds to pay down debt, save or invest, or spend on everyday necessities.
Wed, Apr 07, 2010
H.R. 4682 would create an account with $500 per year for all children at birth, with a supplement of up to $500 and matching contributions of up to $500 each year for children in families with incomes below the national median.