With the end of the National Save for Retirement Week (tomorrow is the last day), time to step back, reflect, and ask how this week has made a difference to us. Are we at the start of something new, end of something old, or neither one of those - as it relates to our topic … Continue reading Did this week make a difference?
Proactive planning. Something most people know is needed, but are either not able to do, or cannot do - because of a multitude of reasons, some within, and many outside our control. This is what I thought of when I reviewed this article on PlanSponsor that analyzes a Wells Fargo annual survey on retirement readiness. … Continue reading National Save for Retirement Week – An opportunity to step back, review, plan, and act
Fund line-up. A critical component that plan sponsors grapple with to fulfill their fiduciary duties, and equally importantly their responsibility to their employees - in terms of providing the most appropriate investment funds in the plan to maximize the retirement income potential. This report published by Vanguard contains the best practices to determine a plan … Continue reading Can we apply any of these best practices to determine our approach to retirement planning?
Guarantee. Is there anything truly like that any more? And if there is one, what is the cost of obtaining that guarantee? And are we willing to pay the price for that guarantee? When is the last time we have stepped back and thought about that? In the context of retirement planning, this topic is … Continue reading Why it is important to evaluate alternative products when researching annuity income options in retirement planning
Action. That is the need of the hour. What makes this State of U.S. Employee Retirement Preparedness report published by Financial Finesse valuable is the context of the economic conditions within which we have to plan for retirement. The financial challenges we deal with are very different from prior generations. Chances are these challenges are … Continue reading How can we use the strategies of the On Track people to improve our own retirement outlook?