Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co writes: The total labor-force participation rates tend was 63.5 percent in June 2013 versus 67.4 percent in early 2000. The participation rates of 16-to 24-year-olds has declined sharply since 2000 as slow economic growth, limited jobs and rising unemployment rates have encouraged
READ MORE... →Salient to Investors: Matthew C. Klein writes: Bernanke suggested that the CPI probably overstates inflation. He is right if all we talking about is things we buy in stores and services. The problem is that most people also have to spend money on assets that they hope will provide for
READ MORE... →Salient to Investors: Baby boomers are retiring at the worst time in a generation or more, as bond yields and stock dividends have tumbled to 2 percent, and the cohort never saved like their parents and grandparents. Pension plans have largely disappeared from the private sector, home values are the
READ MORE... →Salient to Investors: Franklin Templeton’s 2013 Retirement Income Strategies and Expectations Survey found: 20% plan on never retiring. 33% retired due to circumstances beyond their control. 46% who have not yet started saving for retirement expect running out of money to be their top concern during retirement. 31% of ages
READ MORE... →Salient to Investors: The Employee Benefit Research Institute said: 48 percent of people who were aged 61 to 70 and in the bottom half of the income distribution withdrew substantially from their IRAs annually during 2002-10, along with 29 percent of people in the top quarter of incomes who were
READ MORE... →Salient to Investors: The Institute of Economic Affairs found that retirement for both men and women results in a small boost to health immediately, followed by a drastic decline in health in the medium and long-term, so people should work for longer for health as well as economic reasons. Edward
READ MORE... →Salient to Investors: Key things to consider about 401(k)s: Keep total investment fees under 1%; including fund expenses, administration, asset management, and any other silent fees. Over the long-term, few professionally managed funds outperform their peer market index. The hot fund of one year will often be below average in
READ MORE... →Salient to Investors: From March 2011 to March 2012, over 1 million people in the US filed for bankruptcy. The underlying problem is the inability to stop spending and start planning for retirement. payday loan direct deposit Many athletes go pro right out of high school or college so have no
READ MORE... →Salient to Investors: Jon Stein at Betterment writes: Everybody should watch the PBS Frontline report, The Retirement Gamble. Educate yourself Choose low cost investments… every time. Morningstar found that low-cost funds outperformed high-cost funds in every single time period and data point tested. A 2 percent difference in fees can
READ MORE... →Salient to Investors: Doug Short at Advisor Perspectives writes: The two 20th century recessions and major market sell-offs devastated the retirement readiness of a many people nearing retirement age. The Labor Force Participation Rate (LFPR) for age 25-64 cohorts peaked for men in May 1954 at 95.9%, for women in
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