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They would improve transparency and most likely returns by investing in index funds. I must admit, I love it when research supports my gut. Hence, I am delighted to report the findings from the new study by my colleagues JP Aubry and Yimeng Yin that compares actual returns earned by state and local pension plans…
Impact depends on sources of income, asset holdings, and the amount of fixed-rate debt. In June 2022, U.S. inflation peaked at 8.9 percent – a dramatically high level after nearly three decades of relatively stable prices. A shock of this magnitude must surely have affected the retirement security of near retirees and retirees. The question…
