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Data and Research
Not Having a Retirement Drawdown Strategy Can Affect Retirement Security
Not Having a Retirement Drawdown Strategy Can Affect Retirement Security
A survey finds a majority of retirees are using RMDs for ‘guidance’ about how to spend down their assets, but experts say this doesn’t support spending trends in retirement and doesn’t make the best use of their savings.
Data and Research
Study Finds Advantages in Working With a Sole Recordkeeper
The research highlights ways sponsors of multiple retirement plans can benefit from working with just one provider.
Most Read
Participants Will Need Support to Understand Lifetime Income Projections
Data and Research
DB Plans Retain Cost Advantage Over DC Plans
Milliman Accused of Failing to Prune Bad Investments From 401(k)
Market Mirror
Wednesday, the Dow decreased 68.93 points (0.20%) to 35,031.07, the Nasdaq lost 87.69 points (0.57%) to finish at 15,286.64, and the S&P 500 was down 5.96 points (0.13%) at 4,514.07. The Russell 2000 fell 25.88 points (1.14%) to 2,249.73, and the Wilshire 5000 closed 152.14 points (0.32%) lower at 46,859.16.

The price of the 10-year Treasury note increased 25/32, bringing its yield down to 1.345%. The price of the 30-year Treasury bond climbed 30/32, decreasing its yield to 1.955%.
Data and Research
Working Past Age 65 May Seem Like a Great Idea …
… but the prospects may vary, based on education, race and gender, says CRR.
Small Talk
ON THIS DATE: In 1776, the Continental Congress formally declared the name of the new nation to be the “United States” of America. In 1850, California became the 31st state to join the union. In 1926, the National Broadcasting Company (NBC) was created by the Radio Corporation of America (RCA). In 1942, a Japanese floatplane dropped incendiary bombs on an Oregon state forest—the first and only air attack on the U.S. mainland in the war. In 1956, Elvis Presley made his first appearance on “The Ed Sullivan Show.” In 1957, the first civil rights bill to pass Congress since Reconstruction was signed into law by President Dwight Eisenhower. The new act established the Civil Rights Section of the Justice Department and empowered federal prosecutors to obtain court injunctions against interference with the right to vote. In 1979, Tracy Austin, at 16, became the youngest player to win the U.S. Open women’s tennis title. In 1994, the space shuttle Discovery blasted off on an 11-day mission. In 2007, the NFL caught the New England Patriots illegally videotaping coaching signals of the New York Jets from an unauthorized location in a Week 1 game in East Rutherford, New Jersey—a scandal the media soon dubbed “Spygate.”

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