A sustained increase in the general price level—often measured by a broad index such as the consumer price index (CPI).
At the request of Wisconsin Senator Herb Kohl, the Government Accountability Office (GAO) just released a study that provides an assessment of the current state of the retirement income market in the United States.
For those interested in retirement income, the study is full of interesting data and conclusions. Some...
Roughly 10,000 Americans will retire each day for the next nineteen years. Many millions of these retirees will have financial profiles that are considered statistically average.
What, exactly, does it mean to be financially average, and what might retirement look like for the average person or household? How might the financial aspects of retirement play-out for you, your parents, or your family and friends?
Let’s take a look at some data sources to consider the average profile and how it may apply to your situation. For simplicity, I’ll give the average American retiree a name – I’ll call him William.
Who is William?
Let’s lend some definition to William by building a...
Anyone concerned about inflation and inflation risk should take a look at the Billion Prices Project -- a set of real-time inflation indexes that provide an important alternative to the...
Putnam Investments President and CEO Robert Reynolds spoke on the need to address America’s lifetime income challenge at the recent Retirement Income Industry Association (RIIA) conference in Chicago.
While Reynolds has spent most of his career in leadership positions in the investment management industry, his...
There is a strong case to be made for health care as the linchpin of retirement planning. Virtually every...
