Peter Nakada is a Managing Director, capital markets at Risk Management Solutions (RMS). We had a chance to speak to Peter about...
The concept is seductive: a financial product that provides upside exposure in the event that equity markets trend up and to the right while also providing a floor of protection in case the bottom falls-out from under markets again.
Sort of like having your cake and eating it too. Very tempting in light of the massive financial uncertainty that has existed for the past several years.
Products playing into this “upside plus protection” theme include (but are not limited to) variable annuities with guaranteed...
Laurence Kotlikoff is a Professor of Economics and Boston University. Professor Kotlikoff is one of the nation’s leading experts on fiscal policy, national saving and personal finance.
Professor Kotlikoff is the author or co-author of 15 books and he publishes extensively in newspapers, magazines and blogs on issues of personal finance, financial reform, taxes,...
Retirees have every reason to be an extremely risk averse bunch. After all, most of them have an immediate or near-term need to draw income from their assets. This need for income should result in zero tolerance for investment risk or reduction in value of the assets that are intended to produce the retirement income...
