Tag Archives: pension plans

Handcuff Volunteers and the Rally of 2013

The S&P500 is up by 26% for the year-to-date, despite the fact that employment growth is anemic, the labor participation rate is at its lowest point in thirty five years, and inflation-adjusted GDP growth is experiencing a long-term slowing (see chart below).  GDP turns negative in recessions—this is the definition of a recession—but has historically recovered much faster than we have seen in the post 2008 years. Continue reading

The Pension Dilemma

Guest Post by Contributing Editor, Michael Lewitt, Vice President and Portfolio Manager, Cumberland Advisors. We thought this was an interesting article and thought our readers would too. Enjoy.

America’s largest pension fund, the California Public Employees Retirement System (CALPERS), reported a 1% return on its investments for the 12 months that ended June 30, 2012.  This disappointing return fell woefully short of the plan’s target return of 7.5%Continue reading

The Five Biggest Financial Issues for Pre-Retirees

The last several years have been hard for many people.  There are unique challenges for different segments of the population.  In this article, I am going to focus on the issues specific to people who are approaching retirement and will soon be living on investment income and other forms of non-wage income such as pensions, social security, etc.

The top five financial issues, as I see them, are: Continue reading

Don’t Fumble Your Retirement Planning

Guest blog by Lauren Tivnan, Managing Editor, Portfolioist.com.

More and more participants in 401(k) plans are using Target Date Funds according to the nonpartisan Employee Benefit Research Institute (ERBI). Here at the Portfolioist, we think this is great news. For more than a year now, we’ve been writing about the benefits of Target Date Funds (and more specifically, our line-up of Target Date Folios) along with a variety of postings on the importance of planning and saving for retirement.

The ERBI study found that… Continue reading