Healthcare

The increasingly popular Finovate Conference Series just completed its spring event in San Francisco.

64 very interesting companies presented brief technology/product demos to a large audience of financial services media, analysts, investors, potential partners, competitors, and other industry participants.

All of the presenting companies are focused on technology innovation in finance, and most of the companies are young.

Below is a recap of some of the more interesting stories at the conference.  There are five companies/stories in each category.  The categories are intended to represent the perspectives of what could be considered core audience segments for the presenting companies.  In other words, each category lists the companies that might be...

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...

There is a strong case to be made for health care as the linchpin of retirement planning.  Virtually...

After a tough couple of years for former Federal Reserve Chairman Alan Greenspan and in an era when the phrase affordable health insurance seems like an oxymoron, it is time to provide some credit where credit is due.

Chairman Greenspan hit the nail on the head in his recent book The Age of Turbulence.

The following are Greenspan’s comments regarding entitlement spending and the healthcare system:

The bottom line in the success of all retirement systems is the availability of real resources at retirement…The financial arrangements associated with retirement facilitate the diversion of resources that make possible the consumption of goods and services after retirement, but

...

MetLife’s recent decision to exit the U.S. long-term care market can be seen as a relatively minor decision by the largest U.S. life insurance company to pull-out of a small, slow-growth market and forgo what is a very small part of their overall business.