At Putnam, we're starting a conversation about America's existing workplace savings plans, because we believe they can become a more reliable foundation for our nation’s retirement system. Today's retirement savings challenge is too big for any one company or industry to solve. As we work with others in the private and public sectors, we will keep you informed through regular updates to this site.
Follow the discussion
August 24, 2010
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 [...]
August 18, 2010
If a corporate executive reported to shareholders that the firm intentionally planned to operate with a negative cash flow for a period of 20 years or more, we could comment with some certainty that the shareholders would find this unacceptable.
Yet, that is what the federal government has announced it plans to do with one of [...]
July 23, 2010
A recent study released by the Employee Benefit Research Institute (EBRI) found that nearly half of early baby boomers are at risk of running short of money they will need for essential expenses in retirement.
In fact, 47.2% of the oldest group of boomers — those age 56 to 62 and closest to retirement — are [...]
June 1, 2010
There are lessons to be learned from the sovereign debt issues that grew worse in recent weeks in Greece and other EU countries.
First, the investment environment is global and we all need to adapt.
And second, the United States must get its own fiscal house in order.
The Congressional Budget Office projected that our national debt will [...]
Talk to your financial advisor or call Putnam Investments at 1-800-225-1581 to find out which tax benefits best match your savings goals and what kind of asset allocation is right for you.
The views and opinions expressed are those of the Putnam Investments, are subject to change with market conditions, and are not meant as investment advice.
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, visit the prospectus section of putnam.com, call your financial representative, or call Putnam at 1-800-225-1581. Please read the prospectus carefully before investing.
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