Tackling The “Nastiest, Hardest Problem In Finance”

2019-12-08 20_14_07-A MacBook with lines of code on its screen on a busy desk photo – Free ComputerWhat’s the “nastiest, hardest problem in finance”? According to Nobel Prize-winning economist William Sharpe, it’s turning retirement savings into retirement spending or, as today’s article puts it, “knowing how to strike a balance between having enough income to meet your current needs (and wants, assuming you’ve saved enough) and having enough to get you through your lifetime.” What insights does Sharpe – who created a computer program that assessed 100,000 retirement-income scenarios – have on how retirees can better tackle this problem? CLICK HERE.

The “New Thinking” Required Of Retirees Today

2018-06-14 09_01_53-100+ Beautiful Think Photos · Pexels · Free Stock PhotosTrying to tap a lifetime’s worth of savings—enough to enjoy retirement but not so much that you imperil your later years—has never been easy, but it’s about to get a whole lot harder,” warns one retirement researcher cited in today’s article, who sees a confluence of factors coming together to make this “the worst time to retire since just before the dot-com bubble burst.” What are these factors, what do they mean for recent and near-retirees – and what “new thinking” is required of retirees today? CLICK HERE.