A world of investing for retirement™
We at Putnam were honored as the inaugural recipient of the “Retirement Leader of the Year” award at the 18th Annual Mutual Fund Industry Awards. This recognition cited our leadership initiatives and innovative solutions in the workplace savings arena, including … Continue reading
While the defined contribution system continues to evolve, this year marks a notable inflection point: The oldest baby boomers are turning 65 at the rate of about 7,000 a day, and now have to convert their savings into reliable sources … Continue reading
States across the country are struggling with the problem of underfunded defined benefit plans for employees, and may look to offer other options in the future. In a recent “Room for Debate” feature in The New York Times, some of … Continue reading
America at a turning point Our country is at a historic inflection point between decline and renewal, and the whole world is watching us. We can either keep drifting toward what has been called the “most predictable economic crisis” in … Continue reading
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 … Continue reading
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. … Continue reading
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 … Continue reading
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 … Continue reading
