Tag Archives: retirement
Would you dump the stocks in your retirement portfolio in exchange for greatly reduced risk?
The traditional investment advice is to buy stocks and hold them for the long run. The problem is that there have been many long periods of time when the stock market remained essentially flat or even negative. Most recently, stocks lost about -.95% a year over the ten year period ending in 2009. That doesn’t [...]
Saving for Retirement
Economists and retirement experts have argued for some time that most Americans are not saving enough for retirement. Yet the impact of the recession and the ensuing damage to many U.S. workers’ retirement savings has made the situation even more serious. The issue affects workers of all ages and is projected to intensify as more [...]
Research Shows Consumers’ Financial Stress Increasing but Move Toward More Responsible Financial Behavior
Latest research shows consumers financial stress is rising despite 15% returns from Wall Street. Consumers still lacking knowledge to retire well and are just trying to make end’s meet in the aftermath of a financial crisis. On a positive note, consumers are becoming more aware of where their finances are going and are heading towards [...]
Congress Considering: Bill Proposed to Change Retirement Plan and Disclosure in favor of the Participant
6/23/2009 Introduced. This legislation amends the ERISA rules (that govern retirement plans) to keep the relationship between the employer and the plan provider at an arm’s length. It will provide special reporting and disclosure rules to make fee structures more transparent to the participants. The bill limits the services that can be offered, the types [...]