Welcome back to the conclusion of the story. As discussed, with target date investment options, some glide paths can be “too hot”, some can be “too cold”, but there is no “just right”. Sorry to lead you on.
But, I believe the answer lies somewhere between the “hot” and “cold” glide paths. And it’s not a spot, but rather a path to the end – a (hopefully) comfortable retirement. Read more
Numbers can be powerful recall aids. Take 409 for example. Most Americans think of the household cleaner Formula 409. Invented in 1957 it was the 409th compound tested by the creators (talk about perseverance). This family of products is now found under sinks and counters throughout the country.
A thought-provoking panel discussion at the recent Institute of International Finance meetings in Sydney, held alongside the G20 meetings, left me asking myself a question. The topic of the panel was the impact of regulatory reform on small and medium enterprises and the emerging-market financial sector. After the discussion, I thought, what if the world was free from counterparty risk? Read more
As we’ve had conversations with clients, heard from consultants, and read in the press, yield-starved investors are turning to riskier asset classes and alternative investments to add income to their portfolios. But what if it didn’t have to be that complicated? What is often overlooked is the possibility to earn a far greater return than the quoted yield on any given bond, even in the current rate environment. In fact, it is possible to earn a return of more than two times the quoted yield if rates stay right where they are…and all we need to do is rely on the passage of time. It’s all possible because of two words: roll return.
Your clients have planned. They’ve saved. Crossed their T’s and dotted their I’s. Hopefully you’ve helped them hit a point of financial security. Now they’re ready to begin having children. Many people are opting to wait until they are in the “right place” emotionally and financially before they begin their family. Even celebrities like Selma Hayek, Uma Thurman, Halle Berry and Michael Jordan are having children in their forties or later. Read more
With the hint of early spring in the air (one can dream), comes one of my favorite times of the year. It’s time again to talk about the importance of the Plan Sponsor Council of America (PSCA) 403(b) Plan Survey.
This survey offers many benefits. It provides benchmarking data for all 403(b) plan sponsors, which wouldn’t exist without this survey. The benchmarking data gathered during this survey is invaluable to 403(b) plan sponsors, as it can help drive key plan changes and improve performance over the long term. Read more