Saving

The Best Financial Planning Resources are Affordable and Far Removed from Wall Street

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,...

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Should You be Less Concerned about Liquidity?

Liquidity or lack thereof tends to be a major concern when it comes to annuities.

Many financial advisors and consumers are reluctant to use annuities because money allocated to...

Why Low Interest Rates Increase the Cost of Your Personal Pension Plan

Retirees and those saving for retirement should think of themselves as the managers of their own personal pension plan.  

Many people used to have access to a traditional, defined benefit pension plan through their employers.  With a defined benefit pension plan, someone else (an employer or professional managers hired by an employer) assumes responsibility for managing plan contributions, investments and...

Disconnect Between Retirement Savings and Income Highlighted by JP Morgan Report

The majority of Americans are keenly interested in retirement income , but they are unable to make the connection between how their retirement savings translates to income. A recent survey and related report from JP Morgan indicates that 86 percent of 401k plan participants acknowledge that they need to know how much of their pre-retirement income they will be able to replace. At the same time, however, two thirds of the survey respondents indicate that they have no idea how much they need to...

Meir Statman on the Behavioral Obstacles Affecting Investing and Retirement Planning

Meir Statman is the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University, and Visiting Professor at Tilburg University in the Netherlands.

His research on behavioral finance has been supported by the National Science Foundation, CFA Institute, and Investment Management Consultants Association (IMCA) and has...

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