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Author: CCinOC Big funky green star, 20000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Hi gang... wow!!! Date: 9/16/2013 3:37 PM
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Here's a short article from 2009 about the challenge of measuring retirement investing risk.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&...

From the article:

Conclusion

[quote] The global financial crisis, with its unpredictable capital markets, widespread unemployment, poor corporate earnings, and weak global economies, threatens the future of retirement security for older workers and retirees in many countries. Yet the crisis also affords an opportunity to revisit and reexamine the institutions and programs on which we have relied in the past for retirement saving. It is important to reconsider the opportunities these plans provide for workers to accumulate sufficient monies to finance retirement. Equally important is to examine the methods of payouts and the patterns of decumulation embedded in these programs. Given the new realities of financial markets and the greater recognition of risk and uncertainty, it is important to develop a new structure to enhance future retirement security. This volume informs the debate by exploring how workers and firms can reassess the risk associated with retirement saving and respond creatively to the new risks and realities.

The studies included [in] this volume highlight several key points central [to] enhancing retirement risk management in order to reduce some of the uncertainty surrounding the retirement saving process, the accumulation of sufficient assets for retirement, funding of retirement plans, and managing assets in retirement. Most salient is the urgent need for greater financial education, financial literacy, and support for financial planning. Individuals who have inadequate or incorrect information about their retirement plans and general financial mathematics will make retirement decisions that reduce their economic well-being. An important policy concern is whether older workers can, in fact, boost their financial literacy to make better retirement choices. Plan sponsors also have a key role to play, as do financial advisors, in their role of finding innovative solutions to the uncertainties of aging. And last, but certainly not least, new financial products including longevity risk financing will be invaluable in making retirement more secure for millions of today’s workers. [quote]

As for the prospects of President Chillary, I say bring it. The sooner the United States collapses due to the errors of past Democrat administrations, the sooner a Conservative administration can be called in to clean up the mess.
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