Archive for February, 2013

Defined Benefit vs. Defined Contribution Retirement Plans: Why 401k Plans are Not Your Father’s Oldmobile

Making the rounds the past 24 hours is a piece by Atrios in USA Today called “401Ks are a Disaster.” Here are the first two paragraphs: We need an across the board increase in Social Security retirement benefits of 20% or more. We need it to happen right now, even […]

Hey Baby Boomer: a Simple-Math Slight Reprise, with Happier Math this Time

It’s always with a bit of trepidation that I put into the general world out there a bunch of specific numbers about how much it takes to retire. Others apparently are not (see, e.g., Lee Eisenberg’s The Number and its ilk, though, if memory serves, Eisenberg teases more than steps on […]

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