The Retirement Savings Challenge » bob reynolds

Automatic IRAs will get America saving

paul_ahearn@putnam.com — Tue, 24 Aug 2010 18:49:09 +0000

Workers are struggling to save for retirement, and the future is filled with uncertainty about whether their savings will be enough even to pay for basic expenses. A proposal to automatically enroll workers currently without a workplace savings plan like a 401(k) into an Individual Retirement Account (IRA) is one idea that could boost savings significantly. Introduced [...]

Americans want Social Security reform

paul_ahearn@putnam.com — Fri, 16 Apr 2010 16:07:55 +0000

Speaking on April 14 at the Detroit Economic Club, Putnam CEO Robert L. Reynolds called for President Obama to create a bipartisan commission to come up with a plan to make Social Security solvent. Reynolds cited a recent Putnam survey in which nearly 70% of respondents said they believe it is vital for politicians to act [...]

Putnam’s Robert L. Reynolds urges action in 2010 to strengthen all of America’s retirement savings systems

paul_ahearn@putnam.com — Thu, 04 Feb 2010 19:09:06 +0000

Addresses Social Security solvency, universal coverage in workplace savings Speaking at the National Institute on Retirement Security in Washington, D.C., on February 2, 2010, Robert L. Reynolds, President and Chief Executive Officer of Putnam Investments, urged Congress and the Obama administration to launch a comprehensive effort this year to strengthen all of America’s retirement savings [...]

2010: The Year of Retirement Reform

paul_ahearn@putnam.com — Mon, 01 Feb 2010 21:32:22 +0000

Robert L. Reynolds talked to CNBC about a Putnam-sponsored survey on investors' attitudes toward retirement investing and his views on the future of retirement saving in America. The views and opinions expressed are those of Robert Reynolds, President and CEO of Putnam Investments, are subject to change and are not meant as investment advice. Mr. Reynolds is affiliated with Putnam Retail Management.

The need for assured income assets in 21st century retirement plans

jayme_lacour@putnam.com — Tue, 03 Nov 2009 18:11:39 +0000

In his keynote address to retirement industry leaders at the recent Pensions & Investments West Coast Defined Contribution Conference, Putnam Investments President and Chief Executive Officer Robert L. Reynolds emphasized the growing need for assured income assets in retirement savers’ portfolios. As American workers live longer, and as income from traditional sources like pensions and Social [...]

Solving the Lifetime Income Challenge: Hedging the Sequence of Returns Risk with Absolute Return Funds

jayme_lacour@putnam.com — Mon, 12 Oct 2009 22:09:18 +0000

Previously, we saw how the sequence of returns your portfolio experiences after you’ve retired can affect your nest egg. We reviewed how robust returns early in retirement could help afford a steady stream of income and a substantial legacy. We also saw how disastrous returns early on can cause your portfolio to run out of money [...]