Asset

An asset any item of tangible or intangible value that entails a future benefit. For example, funds in a 401(K) are assets that can be converted into retirement funds or income at a future date.

A Benchmark for Lifetime Income

The world is filled with investing indexes and benchmarks, and all professional investment managers measure their results relative to some type of performance standard such as the S&P 500.

On the retirement...

SOA Offers Consumer-Oriented Content for Retirement Decisions

The Society of Actuaries (SOA) just published a series of short whitepapers or “briefs” that focus on some of the major decisions that are encountered by retirees. This is a great resource for consumers who are seeking objective content produced by experts. The Society has clearly made efforts to create content that is accessible to a non professional audience. The briefs are clear, short and focus on consumer -relevant topics such as “when should I retire.” There are 11...

Goldman Sachs Focusing on Retirement Market with Acquisition

Goldman Sachs recently agreed to purchase Dwight Asset Management from Old Mutual . Dwight is a fixed income manager that specializes in stable value funds. The firm currently has $42 billion in assets under management. Stable value funds provide 401k plan participants with a very low risk fixed income option. The Dwight acquisition will allow Goldman to enhance its offerings in the defined contribution or 401k market. Stable value options are one of the largest asset classes in the 401k space...
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Why Retirees Should Listen Closely to Bill Gross

As the manager of the largest bond fund in the world and a founder of PIMCO, Bill Gross is a leading authority on all things related to yield.

Since retirement finances are fundamentally about generating...

Q&A with Zvi Bodie and Rachelle Taqqu about Risk Less and Prosper’s Goal-Driven Approach to Investing

Is there a sense of “swimming upstream” when trying to propagate goal-based investing--as described in your new book Risk Less and Prosper--among existing financial advisors? Conventional practices and economic incentives are so heavily skewed towards modern portfolio...

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