14 Dec 2018

Groundhog Day in the Financial Industry: Why the Retirement Crisis Is Now Permanent

On a regular basis, some of the largest investment firms in the industry conduct surveys about the state of retirement, individual investor attitudes and their preference about what they would like from their financial advisor or investment firm. These surveys are often statistically rigorous and authoritative, so they can help

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27 Nov 2018

Trump’s Capitalism Goes on Trial

The bottom line is that the Mueller investigation is not only an indictment of Trump and his family, but of any entire economic system. No wonder people are looking for new economic alternatives.  Americans have developed an odd fascination with wealth. Most are not sure how vast amounts of money

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18 Aug 2018

The Progressive Economic Agenda Courtesy of Senator Sanders

While economics is a cornerstone of the progressive agenda, many people, including some in the DNC, don’t know the specifics of how changes in the economic and financial systems can benefit Americans. Money drives politics, so it is in the interests of informed investors to know how these policies can

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10 Aug 2018

More Fee Pressure on Advisors Raises Questions About the Value of Financial Advice

The recent decision by Fidelity Investment that it will not be charging any fees for certain index funds through its Fidelity Zero Total Market Index Fund for US stocks and the Fidelity Zero International Fund for stocks outside the U.S. raises some important questions for both advisors and investors. The main

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08 Aug 2018

Retirement News Worth Reading

Retirement and financial security are issues that are not often discussed by the general news media and most politicians (except Progressives), but these are major events affecting people worldwide. In the U.S., here are some retirement-related news events worth noting: Americans Not Saving Enough for Retirement; 40% Have Saved Nothing

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06 Aug 2018

Bankruptcies Increase Among Older Americans—What’s Next?

[sgmb id=”2″] The level of bankruptcies affecting Americans aged 55 to 74 is increasing and it’s just another example of how poor retirement alternatives, rising health care expenses, combined with low savings levels are all making the retirement crisis even more dire. A new report by  the Consumer Bankruptcy Project

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18 Jul 2018

The Retirement Crisis Is Now Permanent: What It Means For Financial Planning

A new report from the Organisation for Economic Co-operation and Development (OECD) finds there is now “unprecedented wage stagnation” and despite a stronger economy with record low unemployment rates and a far-reaching and controversial tax cut, the average wages of American workers have not budged since the late-1970s when “the

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20 Mar 2018

Why the Investment Industry Ignores the Retirement Crisis

[sgmb id=”1″] With over $19 trillion under management and the largest political lobby in Washington, you would think the investment industry, comprised of global banks, investment firms, U.S. registered investment companies and the insurance industry, would have a vested interest in seeing that more Americans enjoy a financially comfortable retirement.

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10 Mar 2018

Income Inequality Getting More Scrutiny

[sgmb id=”1″] Prompted by a slight uptick in wage growth last month and the resulting volatility it caused in the equity markets, the continuing tug-of-war between containing inflation and wage growth Fed and political  policies is getting more attention, but little action. The good news is that there are more

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05 Mar 2018

The Power Battle Over the Control of Pension Assets Hits the Tipping Point

[sgmb id=”2″] It’s no secret to more astute investors and political progressives that the decades-long battle to eliminate pensions and replace them with 401(k) is all about who takes the most amount of financial risk and has the most power to influence decisions made by investment firms and corporations.  When

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