1/5/2015 – Goodbye, traditional retirement (MarketWatch)

Jan 05, 2015 Comments Off by

We don’t have a crystal ball, but for those who are retired and those folks saving for retirement, here are a few of the risks and opportunities looming in 2015.

“My perspective is that there are several major issues facing the retirement system, but progress in addressing them has been very slow,” said Anna Rappaport, the chair of the Society of Actuaries (SOA) Committee on Post Retirement Needs and Risks. “We need to do more and stalled efforts need to move ahead.”

Experts seem to agree that those saving for and living in retirement can expect new laws, regulations, rules, and the like. “In 2015, Americans can expect to see continued regulatory activity related to retirement savings and possibly tax reform initiatives that may impact retirement savings,” said Kevin Crain, managing director and senior relationship executive for Bank of America Merrill Lynch.

Read the full article at MarketWatch. 

Financial Landing 2015

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