Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/efvFCfbwoceZcmABdhAn

January 18, 2013
Sign upForwardArchiveAdvertise
Financial and wealth management news for the retirement community

  Top News 
  • Public-pension survey is criticized by NCPERS official
    A study that cites major underfunding of public pensions in 61 U.S. cities is "distorted and outdated," the executive director of the National Conference on Public Employee Retirement Systems says. Hank Kim says the report by the Pew Charitable Trusts "may provide a valuable history lesson, but it cannot yield a realistic representation of the status of municipal pension plans today." AdvisorOne (1/17) LinkedInFacebookTwitterEmail this Story
  Industry Update 
  • Study questions wisdom of 4% rule as yields remain low
    The traditional 4% withdrawal rule used by retirement planners is a "risky strategy" in today's low-yield environment, a study co-author says. The early years of retirement have a "disproportionate impact on failure rates," which could reach 57% based on 2013 yields, researcher Michael Finke says. Advisers should "start with having a more conservative approach to estimating retirement income," says Finke, who suggests that annuities can offer some protection. AdvisorOne (1/17) LinkedInFacebookTwitterEmail this Story
  • Other News
  Financial Literacy 
  • Opinion: Don't abuse credit the way Lance Armstrong abused PEDs
    Lance Armstrong's use of performance-enhancing drugs is analogous to the abuse of credit, Adam Levin writes. "Credit is neither a reward nor a punishment. It is a tool," Levin writes. "When used in combination with sensible saving, wise investing and a dash of frugality, it can help us build and maintain financial security in our lives." The Huffington Post (1/17) LinkedInFacebookTwitterEmail this Story
  • Other News
  On the Economy 
  • Analysis: New households suggest improving economy
    More Americans are moving out of their parents' homes to establish their own households, Lucia Mutikani writes. The rate of household formation fell significantly during the recession but has been rising for the past two years, Mutikani writes. Reuters (1/18) LinkedInFacebookTwitterEmail this Story
  • U.S. jobs, housing data point up
    The latest numbers for weekly U.S. jobless-benefit applications and for housing starts were the best since 2008. The jobless data for last week point to continued slow improvement in employment, although January figures can be deceptive. The housing-starts figure, for December, was also an encouraging sign in a key segment that drives much of the rest of the economy, though much of the gain came from the volatile multifamily sector. The Washington Post/The Associated Press (1/17), Reuters (1/17) LinkedInFacebookTwitterEmail this Story
  Building Your Practice 
  • Experts discuss how to match up clients and annuities
    Because no one-size-fits-all annuity exists, financial advisers must work closely with clients to explain the associated risks and the amount of retirement income that will be provided, says Gregory Gagne of Affinity Investment Group. He and other advisers also address their methods for finding prospective annuity clients. National Underwriter Life & Health (1/16) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
If you can't sleep, then get up and do something instead of lying there worrying. It's the worry that gets you, not the lack of sleep."
--Dale Carnegie,
American author and motivational speaker


LinkedInFacebookTwitterEmail this Story

 
Retirement Security Coalition Advisory Board Members

 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Sales Account Director:  Abiy Bekele (919) 931-5915
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent Retirement Security SmartBrief Issues:   Lead Editor:  Ashley Fletcher Frampton
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2013 SmartBrief, Inc.® Legal Information