Is A Deferred-Income Annuity Right For You?

By | Uncategorized | No Comments

Recently we have had a few inquiries from prospective clients about a relatively new annuity product called a deferred-income annuity. Insurance companies are touting the new product as a way to build your own future retirement pension. So consumers, especially baby boomers, are naturally interested. In fact, sales of deferred-income annuities have more than doubled over the last year alone….

Read More

How Detroit’s Bankruptcy Threatens Municipal Bond Markets

By | Uncategorized | No Comments

Although it probably didn’t come as much of a surprise for many observers, earlier this month the city of Detroit filed for bankruptcy protection making it the largest city to ever do so. Detroit was once the fourth largest city in the United States, with a population of just under 2 million residents. For a multitude of reasons (government corruption,…

Read More

You Have to Be in Gold, by Weston Wellington, Vice President Dimensional Fund Advisors

By | Uncategorized | No Comments

Each January, a group of prominent investment professionals gather in New York as members of the Barron’s Roundtable to trade quips, stock ideas, and the outlook for markets and economic trends worldwide. Barron’s-a weekly financial newspaper with a small but devoted following of professional and do-it-yourself investors-publishes a transcript of their remarks over three successive issues. The quotations above are…

Read More

Safe Bond Strategies for Today’s Market

By | Uncategorized | No Comments

While bonds, whether they are corporate bonds, municipal bonds, treasury bonds, or even high-yield bond, are generally considered by most investors to be “safe” investments, they still have elements of risk exposure that investors need to be aware of. It is still somewhat surprising that some people mistakenly believe they cannot lose money investing in bonds, in light of all…

Read More

President Obama’s Retirement Plan Proposal

By | Uncategorized | No Comments

President Obama recently released his budget plans for the 2014 fiscal year, and one of the proposals contained in the budget is gathering a lot attention. The budget contains a proposal to cap the amount of money one could accumulate in tax-advantaged retirement plans and/or pensions, including 401(k) plans and IRAs. The idea behind the proposal is that any tax…

Read More

Americans are Not Saving Enough for Retirement

By | Social Security | No Comments

A new report paints a bleak picture for the future retirement prospects of many Americans. New data released by the Employee Benefit Research Institute in their 2013 Retirement Confidence Survey indicates that fifty-seven percent of workers have saved less than $25,000 for retirement, not including the value of their home or defined benefit (pension) plans. The data suggests that the…

Read More

The Effect of Low Bond Yields on Portfolio Withdrawal Rates

By | Uncategorized | No Comments

A recent study titled “Low Bond Yields and Safe Portfolio Withdrawal Rates” provides insight into the likelihood of retirees running out of money in retirement in a low interest rate environment. Co-authored by David Blanchett, Michael Finke, and Wade Pfau and released in January, the study looks at the impact that a low interest rate environment has on a retiree’s…

Read More