Month: April 2019

Bethenny Frankel is selling her SoHo condo for $4.375 million. Tim Waltman/Compass There are several opportunities to live like a celebrity in New York City this spring. Bethenny Frankel, for example, has listed her SoHo condo for sale once again. Frankel bought the apartment in 2014 for $4.2 million. John Nacion/STAR MAX/IPx The Real Housewives star and
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In my opinion, the worst 401(k) mistake is the failure to focus on employee outcomes. The “outcome” should be for employees to have enough money to retire with confidence and financial security. To help employees get there, employers need to ask the right questions. For example, are employees participating in the plan? Are they saving
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Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
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Regulars readers of my articles will know that I have repeatedly said that the popular narrative, that Defined Contribution/401(k) plans are a “failed experiment” that’s the result of employers failing in their responsibility to provide Defined Benefit retirement plans, misses the point that the system in which individual employers provided guaranteed retirement benefits was not
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Financial issues are not the key retirement concerns for many people.  Many people in or approaching retirement are more concerned about their health than their finances. A recent poll found that declining cognitive function is among the top concerns people have about their retirement years. While money fears grab the headlines, many people are more
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Voters by Ages from the Census Department US Census A recent poll is bad news for Biden (76), Sanders (77), and even Trump (72) and very bad news in progress towards stamping out age-bigotry. More voters in a poll don’t want someone over 75 compared to other factors like being black, or gay, or a
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