While Social Security is not going “bankrupt,” it’s clear it will have to change in both a fundamental and disruptive way.
Posts From Christopher Carosa, CTFA
In this retirement plan version of the game “Who Killed Cock Robin?” we can identify three macroeconomic trends that slayed the pension plan, once the giant among all retirement plans. But, where does the 401k fit in?
Despite those imagined rosy memories, actual history shows, with a few notable exceptions, pensions were never as universal or as lucrative as imagined.
State pension implosion, a regulation without teeth, and the fee-value correlation.
The traditional lifestyle arc, along with the traditional career arc, may push millennials away from Roth style savings later in life.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
Why did Philadelphia’s fund grow slower than Boston? Davis says, “If they had been invested for the same time at the same rate, there would be no difference, so it would appear that Philly got lower returns on funds invested than Boston.”
Marketing fiduciary, yes, conflicted fees matter, and exposing Index Funds
Franklin was not merely an advocate of entrepreneurism, he was also one heck of a financier. His will actually calculated the precise growth he expected from the trusts and further instructed the trustees in terms of allocating those assets at the end of the first hundred years and again at the end of a second hundred years upon which the trust would be terminated.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 9/8/17
You may have thought Labor Day week was a quiet week… and you may have been right.