by Mitch Anthony When Marie Ens turned 66 years old, she was forced to accept mandatory retirement. Marie was not your typical worker. She was a missionary to Cambodia. Her organization had supported her efforts for over 40 years. Marie didn't want to retire, but her organization didn't give her a choice. Marie and her [...]
by Mitch Anthony Last month, we discussed how the retirement landscape has changed and what it means to your clients. This month, we'll discuss the specifics of those realities starting with some new assumptions your clients will have to face: If a client has a pension, assume that benefit erosion will continue. Assume your client [...]
by Mitch Anthony All you need to do to get in touch with modern economic realities of retirement is to take a look at the trend of the past decade away from the paternalistic pension approach toward the autonomy of defined contribution (DC) plans including 401(k) or 403(b). The percentage of people being covered by [...]
by Mitch Anthony As we enter the third stage of life, the attitude we choose will have the greatest bearing on our fate. We are entering the final stages of a retirement revolution. The difference between evolution and a revolution is that with evolution, a critical core of proactive people see the inevitable coming and [...]