A wise Vulcan once said: “Live Long and Prosper!” Perhaps, he should have added: “and save ’til it hurts!” Are you ready for 30+ years of retirement?!? Read the full article here >> .
Ben Steverman notes that much of the hysteria surrounding the forthcoming retirement crisis is a sale-related scare tactic “that’s moved the tone of the U.S. savings and retirement conversation from a constructive call to action to an alarmist frenzy.” Read the full article >>
There are more, but Eric Rosenbaum captures the essence – that age-based investing “rules of thumb” are more about expediency for the financial services industry than usefullness for investors. Read the full article >>
Andrea Coombes at The Wall Street Journal’s MarketWatch notes: “Among retirees who are withdrawing money from their retirement accounts, about half of them are doing it without a strategy in place, according to a new survey. That doesn’t bode well for their long-term retirement success.” Read the full article >>
Robert Isbitts of Sungarden Investment Research notes “10 plagues that today’s retired and retiring investors must grapple with.” Read the full article >>
A dismal view of probable future equity returns from John Hussman. Unfortunately, he is not the only (or the first) to predict such bleakness for the next decade or so. That’s not to say you should try to time this market but if you’re currently sitting in cash, you probably shouldn’t be in a big Read more about The Future is Now[…]