Jun 30 2017

The new retirement model revolves around dying broke and realizing that the 401k model of investing is a sham for most Americans.

The new retirement model means working until you die.  Most Americans are broke and living paycheck to paycheck.  Yet the stock market is near a modern day peak.  What is going on?  Wasn’t the 401k experiment that launched in the early 1980s to replace pensions supposed to be a panacea in terms of building out […]

Apr 2 2017

Baby boom or bust: Retirement withdrawals now exceed contributions. Since 2008 US public debt up by $10 trillion, nearly the same as the Russell 3000 Index.

You knew it was only a matter of time before baby boomers started taking out their money from retirement accounts in mass.  If you think boomers were rebalancing every year carefully, think again.  We have now crossed an interesting threshold where retirement withdrawals exceed contributions.  Part of this has to do with a younger and […]

Dec 26 2016

The near extinct pension – US pensions aggressively invest in equities relative to other countries to make up for shortfalls.

The pension is nearly extinct.  Overly optimistic returns left many pension plans practically insolvent and not ready to adapt to a low yield environment.  The benefit of pensions however is that it forced people to save over time for retirement.  What we have learned via the 401k is that when left to their own devices, […]

Dec 17 2016

The 401k has been a disaster for most Americans: Only 44 percent of private sector workers participate in a defined contribution plan.

Failing to plan is planning to fail.  If this is true, most Americans are planning to live in retirement with very little money and are going to rely heavily on Social Security to get by.  That is the case today where most retirees get the bulk of their income from Social Security.  Back when the […]

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Aug 27 2016

The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.

Over the last generation there has been a shift from pensions to do it yourself 401k plans.  The idea was pitched during a time when the stock market was in a bull run and Wall Street was excited to open up additional streams of revenue.  But now a generation later, the results are rather clear.  […]

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