State Street Global Advisors’ Fredrik Axsater and Harvard’s Brigitte Madrian discuss workable solutions to create retirement plans for all Americans.
During these fund raising weeks on public television we are always on the lookout for some interesting tidbits. We found some in this Navigator Dispatch piece from MainStay Investments, titled Polls, Profits and P/Es. Before you read it, the Democratic Convention ended on July 28th, more than 30 days ago. You will understand why that is important in a minute.
There is a growing retirement crisis in this country. An estimated 10,000 baby boomers a day are retiring and many of them are woefully unprepared to support themselves in retirement. Social Security, a primary source of retirement income for a majority of senior citizens is on shaky financial footing. The program is now projected to spend more than it earns by the end of the decade and unless significant changes are made will be depleted by 2034.
An exclusive interview with Financial Thought Leader, consultant and author Charles Ellis on why investing in low cost, passive index funds, not actively managed ones is the best choice for most individual investors.
POWERFUL INVESTMENT MIX
3EDGE Asset Management’s Founder, Stephen Cucchiaro explains how he combines mathematics, technology, behavioral finance and game theory to obtain above average investment results.