Moving is a time for reminiscing, always. For the past several days, the staff members of Mission Services Association has been organizing, boxing, and removing belongings from our offices in Knoxville. This move has been a long one for me. For the past ten months, I have been learning the finer administrative details of the Christian Churches Pension Plan and have continued the […]
There is a documented belief that individuals in the United States are failing to sufficiently save for retirement. Financial authors and planners continue searching for the emotional trigger that will spur people to save more. On May 4, Jamie Kalamarides of Prudential Retirement proposed that the possibility of a lifetime income will motivate people to save more aggressively.1 […]
The Wall Street Journal recently published an article in which two experts examine the same data about retirement savings, coming to widely divergent opinions.1 Anne Tergesen interviewed Alicia Munnell, director of Boston College’s Center for Retirement Research, and Andrew Biggs, resident scholar at the American Enterprise Institute. Munnell believes that virtually one-half of today’s working households will find it impossible to […]