Tag Archives: retirement

NYTimes Opinion: Our Ridiculous Approach To Retirement

Worth reading.  Prof. GHILARDUCCI has been saying for years that the 401(k) system has failed and her arguments are sound.  While abolishing them may not be the answer, her recommendation for mandatory contributions to retirement accounts may be part of a much better answer.  People simply aren’t saving enough through 401(k)s and incremental changes – like […]

Real 10 year yields

From an article about adjusting assumptions for retirement withdrawal rates in a ‘yield-free’ world. http://www.advisorone.com/2012/06/27/retirement-in-a-yield-free-world?t=the-retiree     The author makes some important points about the rule-of-thumb that so many use for planning the level of withdrawals that’s “safe” from a given portfolio (or flipping it around, the level of savings that will be necessary to […]

Dan Ariely on “Asking the right and wrong questions”

Dan Ariely, author and professor of behavioral economics, wrote an interesting blog post yesterday  Asking the right and wrong questions  From a behavioral economics point of view, the field of financial  advice is quite strange and not very useful. For the most part,  professional financial services rely on clients answers to two  questions:    How much of […]