As I get closer to retirement and develop a deeper understanding of the practical rituals of retirement, both through my work and in my life as I age I develop a deeper respect for those among us better prepared financially to actually retire.
Its been said the baby boomer generation is going to set in motion the largest wealth transfer in American history. Now, Im thinking, maybe not so much.
Will our retirement system create the message to new workers that working for the man, whether hes in the private or public sector, is a losing proposition?
I found myself at the opening session of the NAPA 401(k) Summit in New Orleans earlier this week listening to Preston Rutledge, benefits tax counsel for the U.S. Senate Finance Committee.
While the DOL has announced that it will re-propose its fiduciary rule by this August, most industry insiders think that the recrafted regulation will come out at the beginning of 2015.
DebugScreen: mobile
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{
"uri": "/2014/05/07/time-for-change/",
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"uri": "/2014/05/01/playing-a-new-instrument/",
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"summary": "The retirement industry is in for a quick immersion into hedge funds strategy.",
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{
"uri": "/2014/04/23/boomers-and-bust/",
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"summary": "Its been said the baby boomer generation is going to set in motion the largest wealth transfer in American history. Now, Im thinking, maybe not so much.",
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"uri": "/2014/04/16/losing-your-pension/",
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{
"uri": "/2014/04/10/true-price-transparency/",
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"summary": "Imagine the ramifications if retirement advisors adapted aggressive pricing transparencies.",
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{
"uri": "/2014/04/03/communicate-a-lot-to-ensure-compliance/",
"title": "Communicate (a lot) to ensure compliance",
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"prettyDate": "April 03, 2014",
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"summary": "In terms of meeting compliance, the three organizations brokers need to satisfy are the IRS, DOL and HHS.",
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{
"uri": "/2014/04/02/fee-based-planning-it-aint-easy-and-it-aint-quick/",
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"prettyDate": "April 02, 2014",
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"summary": "If you want to create a fee-based business, you need to lay a foundation for charging one.",
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{
"uri": "/2014/04/01/did-you-hear-the-one-about-the-doc-who-posts-his-p/",
"title": "Did you hear the one about the doc who posts his prices online?",
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"prettyDate": "April 01, 2014",
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"summary": "The soon-to-open Free Market Medical Association will post prices for a variety of procedures on its website.",
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"prettyDate": "March 27, 2014",
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"summary": "I found myself at the opening session of the NAPA 401(k) Summit in New Orleans earlier this week listening to Preston Rutledge, benefits tax counsel for the U.S. Senate Finance Committee.",
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"prettyDate": "March 24, 2014",
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