18 May 2017

Whatever Happened to Longevity Annuities?

Once upon, in a galaxy far, far away, concerned elected officials cared about the retirement needs of their many millions of citizens. But those days are over. Today, retirement security continues to be an elusive goal for millions who most likely will never be able to retire and enjoy their

Chuck Epstein 0
12 Apr 2017

What Happens When Corporations Hate Their Own Customers

The current commentary explosion on social media of Chicago airport security guards forcibly pulling a man off a United Airlines plane is deeply disturbing because everyone who has flown can relate to some degree of passenger mistreatment. Of course, we have not been pulled from our seats in a closed

Chuck Epstein 0
29 Mar 2017

Planning for Retirement Just Got Much Harder

If you thought planning for retirement was difficult, it just got a lot harder. That’s because saving for retirement must now account for two major life changes: you are living longer and you won’t make much on your investments. Now, living longer is considered a good thing since science and

Chuck Epstein 0
24 Mar 2017

Fiduciary and Ethical Problems Could be a Minefield for TDFs

The $1.3 trillion Target Date Fund market is not all it’s cracked up to be. That should come as a big surprise to millions of people who own these funds through their employers’ 401(k) plans, as well as other who were sold a simple, easy-to-understand, hands-off investment product that would

Chuck Epstein 1
06 Mar 2017

Trump Declares War Against Investors

It certainly is no surprise that the Trump Administration has declared war on individual investors and will only make it more difficult for millions of Americans to have a financially secure retirement. For millions, there may be no retirement at all or certainly one which will have a lower quality

Chuck Epstein 0
24 Feb 2017

The Darkest View of Retirement and Income Inequality

An earlier post on this site (Feb. 23, 2017) pointed out the retirement crisis in America is not getting any attention. But just because it is not getting noticed, it does not mean the crisis will go away. On the contrary, it will only get worse, aggravated by the nation’s wealth gap and attempts to alter Social Security,

Chuck Epstein 0
09 Feb 2017

Judge Rules Conflict-of-Interest Has No Place in Investing, But Investors Must Still Beware

When a federal court judge ruled on Feb. 8, 2017 that the U.S. Department of Labor’s fiduciary rule must still stand despite furious protests from the financial services lobby, it did not mean individual investors would automatically be protected from errant financial rep who continue to sell products that are

Chuck Epstein 0
06 Feb 2017

How $17 Billion Annually Goes Into the Pockets of the Financial Industry and Not Investors

What does $17 billion mean to you? If you are an American investor, you should take note since this is your money. If you are in the financial services industry, you should take note because it is the money you get from fees, expenses and rebates that unsuspecting investors pay

Chuck Epstein 0
03 Feb 2017

Caveat Emptor: Trump’s Move to Revoke Dodd-Frank Means More Anti-Investor Initiatives Coming

The Trump administration’s announcement today that it is moving to revoke the individual investor protections is bad news for unsophisticated, individual investors who are having a hard time saving for retirement and making higher return investments. Today’s announcement is the culmination of hundreds of millions of dollars spent on lobbying

Chuck Epstein 0
27 Jan 2017

JPMorgan Chase Faces Fee and Conflicts-of-Interest Charges in Lawsuit

It seems the more it changes, the more it’s the same. Conflicts-of-interest and charging excessive fees seem to be part of the DNA of major banks (such as  Deutschbank and its $10 billion money laundering scheme out of Russia and Wells Fargo), insurance companies and investment firms when it comes to selling

Chuck Epstein 0