Tag: retirement income
Is there really a free lunch? Repeated copies of a proposal called RISE – Retirement Income Security for Everyone – have arrived in my email, accompanied by endorsements from some serious people. After the third or fourth missile, I felt compelled to take a closer look. The proposal supposedly would eliminate poverty and income inequality…
The brief’s key findings are: In a 401(k) world, retirees face the tough job of having to figure out how to draw down their nest egg once they retire. They have shunned the standard options: an immediate annuity, which pays a fixed amount for life, or an advanced life deferred annuity, which begins payments at…
