Posts Tagged: defined benefit plan

Empire of the Fund: The Way We Save Now Hardcover: 218 pages Publisher: Oxford University Press (2016) The About the Author at Amazon notes that William Birdthistle is a Professor of Law at Chicago-Kent College of Law, where he specializes in investment funds and corporate law. Previously, he served as a law clerk to the Honorable Diarmuid F…. Read Article →

Robert “Bobby” Monks is a serial entrepreneur who has founded and led nineteen businesses in the financial services, real estate, media, and technology sectors. He was chairman of Spinnaker Trust, managing over $1 billion in assets; chairman of Institutional Shareholder Services and Proxy Monitor, the two largest corporate governance and proxy voting services; and founder… Read Article →

Report: Most Households Approaching Retirement Have Low Savings (2015). This report to the Ranking Member,Subcommittee on Primary Health and Retirement Security, Committee on Health, Education, Labor, and Pensions, U.S. Senate, from the Government Accountability Office (GAO) paints a pretty dire picture. The report observes that as baby boomers move into retirement each year, the Census Bureau… Read Article →

Documentary: Can You Afford to Retire? (2006). As many SavvyReaders have come to understand, many baby Boomers are headed for a shock as they enter their retirement years. This PBS FRONTLINE television documentary notes that the two main strategies for funding retirement – defined benefit and defined contribution (e.g. 401[k]) plans – are in serious… Read Article →

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