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CalPERS Considers Vote to Reduce Assumed Rate of Return
Headline: CalPERS eyes vote to reduce assumed rate of return
Publication: Pensions and Investments
Article Date: Nov 16, 2016
The California Public Employees’ Retirement System (CalPERS) is considering a board vote in February 2017 to lower the assumed rate of return on its investments. The move comes after CalPERS’ chief investment officer and consultants informed the board that the pension fund’s 7.5% assumed rate of return is too high. Read article…
Tips to Alleviate Stress About Housing Costs in Retirement
Headline: Ways to Avoid the Retirement Housing Crunch
Publication: Fox Business
Article Date: Nov 28, 2016
This article provides advice on how to avoid the retirement housing crunch. Tips include: Figuring out whether you should rent or own, increasing your income & getting rid of debt first. Read article…
California Supreme Court to Review Marin Pension Case
Headline: Marin pension case to be reviewed by California’s top court
Publication: Marin Independent Journal
Article Date: Nov 23, 2016
The California Supreme court recently announced it has decided to review an appellate court ruling that would give state and local governments authority to cut public employee pensions. Read article…
Many Teachers Rely on Lightly Regulated 403(b) Plans
Headline: Think Your Retirement Plan Is Bad? Talk to a Teacher
Publication: The New York Times
Article Date: Oct 21, 2016
Many 403(b) retirement plans, commonly used by schools and nonprofits, often have complicated, expensive products that cost their owners over the long run. The 403(b) accounts are not subject to the more stringent federal rules and consumer protections that apply to 401(k)s. Read article…
How To Decide What To Do Next When You Retire
Headline: How To Decide What To Do Next When You Retire
Publication: Forbes
Article Date: Nov 21, 2016
This is an interview with Jean Risley, author of How to Decide What to Do Next When You’re Retired. She wrote the book to help fellow retirees learn how to prepare for the full retirement experience, not just the financial aspects. Read article…