Author - Trevor Gerszt

401(k) Plans Opening Up to Private Equity: Is It Right for You?

This year has seen numerous changes to retirement accounts, from existing legislative fixes made last year to new legislation responding to the COVID-19 crisis, and they have the potential to completely upend the retirement industry. Perhaps the biggest one was the elimination of the stretch IRA, an attempt by...

US Pension Plans Continue to Deteriorate

While pension plans have all but disappeared from private sector workplaces, significant numbers of public employees still expect to receive pensions when they retire, and indeed in many cases depend on those pension plans for their retirement income. But, like most pension plans in the US, these public pension...

The Future of Social Security: Promises vs. Reality

Social Security has been in dire financial shape for much of its existence. The system has never been in sound fiscal shape almost from the beginning, and that was really by design. The first recipients of Social Security received far more benefits than they ever paid into the system....

Retirement Income vs. Inflation: 4 Popular Choices Compared

When assessing the performance of retirement assets, or indeed of any investment, most people look at the total return of an investment when assessing how much asset growth they’ll see. But looking just at nominal numbers doesn’t tell the whole story. You have to know how much your assets...

Unemployment Hitting Older Americans Worse Than Younger Americans

You might think that during a major recession, older workers would be the first to go. They command higher salaries, require greater healthcare payments, and just cost a company more across the board. But in every recession through the 2008 financial crisis, Americans above the age of 55 were...

Retirement and Risk Profile: Making Sense of the Current Market

One of the most common pieces of knowledge when it comes to retirement investing is that your investment portfolio should become less risky as you near retirement. There’s no hard and fast rule about that, or ratio determining how much of your portfolio should be held in stocks or...