Lifetime Income Illustrations – or Withdrawal Rates from the DoL
The Department of Labor has just published its guidelines for producing Lifetime Income Illustrations for participants in defined contribution pension plans.
The Department of Labor has just published its guidelines for producing Lifetime Income Illustrations for participants in defined contribution pension plans.
The stock market has been a wild ride lately. Amazon was up 8% in a day this week and the NASDAQ 100 ($QQQ) has been a star performer year-to-date. But things have been up and down and I bet you have been eagle-eyed and watching for any dips. Wanna get those bargains – right?
How have you got on during the recent market turbulence? It’s been a hairy ride – right? Did you lose your nerve and cashout for a period – or maybe just thought about it? I certainly know a number of colleagues that moved sizable investments to cash and that surprised me. That spurred me on …
The inverted yield curve needs some explanation – how does it happen?
Are you worried about an impending recession? I know! The financial press has been a froth of excitement over the inverted yield curve and Fin-Twit has been awash with doom and gloom traffic. So I’m not here to tell you it’ll be alright. Nope.