Salient to Investors: George Schneider writes: The trend away from diversification of portfolios into just a few stocks plus Americans’ growing insufficiency in math skills are leading Americans towards dependency on government benefits rather than self-reliance in retirement. Two-thirds of 4th and 8th graders failed the thermometer math proficiency test
READ MORE... →Salient to Investors: ConocoPhillips and Abbott Lab are among the most lucrative retirement benefits, and Facebook, Amazon.com and Whole Foods Market among the least lucrative of 401(k) plans at the 250 biggest companies in the US. Over 40 percent of companies allow workers to take company contributions with them if they
READ MORE... →Five Reasons Why You’ll Never Be Rich And One Reason Why You Already Are – Personal Capital May 2014
Salient to Investors: 5 habits that prevent you from becoming wealthy: Being a “C” student who thinks they deserve an “A” lifestyle Inability to delay gratification by taking on debt. Credit card interest at 15%+ leads to financial failure – even Warren Buffet has not returned greater than a 15%
READ MORE... →Salient to Investors: Matt Fellowes, formerly with Brookings, said: 64 percent of 401(k) plan participants are accumulating debt faster than they are accumulating savings. For half of the 401(k) marketplace, 96 percent of the participant’s balance is a function of their contributions and employer matches, and only 4 percent is
READ MORE... →Salient to Investors: Dane Stangler at The Kauffman Foundation said people aged 55 to 64 started 23.4 percent of companies in 2012, up from 14.3 percent in 1996. Stangler said the 30-yr corporate job with a gold watch is no longer there, and many people are not ready to retire.
READ MORE... →Salient to Investors: Expanding populations fueled global prosperity with both workers and consumers but global aging threatens to cause chronically weak economic growth, a more volatile international economy and the risk of a new financial crisis triggered by innovative investments dubbed “death derivatives.” Rob Arnott at Research Affiliates said our
READ MORE... →Salient to Investors: The median net worth for US households headed by boomers aged 55 to 64 was almost 8 percent lower, at $143,964, than those 75 and older in 2011. Boomers lost more than other groups in the stock market and housing bust of 2008, and many also lost
READ MORE... →Salient to Investors: Blackrock report the top four retirement regrets of retirees: 36% would have started saving earlier, contributing to 401(k) plans sooner and at maximum levels 32% would have spent less 21% would have worked longer 12% would have hired professional financial advice Read the full article at http://www2.blackrock.com/us/individual-investors/insight-education/investor-pulse/finding-5-learn-from-retirement-lessons?cmp=Investor%20Pulse&chn=ppcsyn&c=dianomi&kw=Finding%205&utm_campaign=Investor%20Pulse&utm_medium=cpc&utm_source=dianomi&utm_term=Finding%205 Click here
READ MORE... →Salient to Investors: Wade D. Pfau at The American College and Michael Kitces at Pinnacle Advisory Group said: A U-shaped retirement plan – 20% to 40% in equities, with a gradual increase of 1% per year to a maximum 60% to 80% allocation to stocks by the end – is
READ MORE... →Salient to Investors: The maxim “Don’t take a mortgage into retirement with you”’ is no longer true given mortgage rates close to historic lows and lower than on any other loan now or in the future. Better to invest surplus money dollars in a retirement investment account which should return more
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