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
What some investors may not realize about the retirement savings challenge is that we have already solved a major part of it — how to build up a solid nest egg. Since the Pension Protection Act of 2006, key plan … Continue reading
Edited from a speech given by Robert L. Reynolds, President and Chief Executive Officer of Putnam Investments, to the Retirement Income Industry Association, Chicago, Illinois, on March 22, 2011. Public and Private Innovation to Meet America’s Lifetime Income Challenge
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
The incoming Congress will have new opportunities to forge a path of sustainable growth for America, and comprehensive retirement reform should be the foundation of that effort. The importance of a strong retirement system cannot be overstated. Retirement savings account … Continue reading
Industry and government made major strides toward meaningful reform of the nation’s retirement system in 2010. Consider the progress on some key issues for investors: The opportunity to fix Social Security has moved from a political “third rail” to front … 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
Take some time today to find out what 50 million investors have already learned about 401(k) plans: They are convenient Simply let your employer know you’d like to participate There are immediate tax benefits Contributions are made with pretax dollars, … 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
