Retirement personal savings is a challenge for numerous US citizens – and down days on Wall Street can add to worry and frustration among investors. U.S. stocks, for instance, fell precipitously on Monday – experiencing their worst fall of 2019 – amid an ongoing trade...
After the 2008 financial crisis, huge companies like AIG asked for billions in public pension bailouts, claiming they would close up shop if they didn’t get the funds. The truth of the matter is that they had screwed up and wanted U.S. taxpayers to foot the bill. This...
Chances are that if you are approaching retirement, you have been contacted to purchase an annuity as an investment vehicle. It has been most likely marketed as a way to get “guaranteed income” or “market-like returns with only a fraction of the risk”. However, the...
Is there a “retirement crisis,” or isn’t there? Though this is hardly a new question, it has been brought to the forefront recently by a vigorous debate at the excellent Advisor Perspectives website. While most who posted comments in that debate supported the...
