Category Archives: pensions

How To Stop Worrying And Love Market Volatility

Karl Kaufman “Buy the ticket, take the ride,” wrote Hunter S. Thompson in his classic book Fear and Loathing in Las Vegas. Equity investors have been on a bumpy ride this month as volatility, lying dormant for what seems like an eternity, returned to the market in force. Wild swings in the Dow — thousand point drops followed by triple digit gains followed by drops and then gains — erased much of January’s returns and… Read More »

What Fiduciary Advice Is Worth To Your Portfolio

David Rae, CFP®, AIF® The Vanguard Group recently tried to quantify the value of professional financial advice. They determined that even the most basic financial advice is significant. According to Vanguard, an average financial advisor may be able to boost a client’s portfolio by as much as 3.75% per year over time. They call it Advisor Alpha. In layman’s terms, this means “the value of an advisor to your bottom line.” While 3.75% may sound… Read More »

3 Things to Consider When You Have An Old 401(k) You Don’t Know What To Do With

Nancy L. Anderson If you have a 401(k) with a former employer, it’s called an orphan. The name is fitting, since you aren’t really taking care of this account — it’s sitting there all by itself. In fact, according to the Bipartisan Policy Center, there are 25 million orphaned retirement accounts sitting with former employers today. If you find yourself in this group, you may be wondering how to deal with your ‘abandoned’ funds. You most likely… Read More »

Following The Herd Can Leave You Lost During Retirement

Forbes Finance Council Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications than you might be seeing. Simply following “the herd” without exploring these consequences can spell trouble down the road. In… Read More »

Will Your Pension Be There When You Need It?

Michelle Singletary Clearly, people are concerned about their pensions. Many are well-funded. But others, including multi-employer and state pensions, are having financial trouble. And some federal workers wonder about the government’s pension promises to them. Karen Friedman is the executive vice president and policy director at the Pension Rights Center, and Joellen Leavelle is the group’s communications and outreach director. Last week, I invited them to answer readers’ questions about their pensions. Here are some… Read More »