Defined Benefit Plans

Is 401(k) a Ticking Time Bomb?

Don McNay | Posted 05.03.2012

Read More: Fifty, Money, 401k, Retirement, Defined Benefit Plans, Pension Plans, Don McNay, Lottery Winners, Personal Finance, Planning for Retirement, 401k Plans, 401k Advice, Money News
Don McNay

401(k) plan investments are a primary driver of the investment markets. They are also the reason that many people are pacing the floors at night, worrying if their retirement will get delayed or destroyed.

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Laura Rowley

What You Should Know About Planning For Retirement

HuffingtonPost.com | Laura Rowley | Posted 03.13.2012

Read More: 401(K) Plans, Retirement Savings, Saving for Retirement, Employee Benefit Research Institute, Defined Benefit Plans, Estimating Retirement Needs, Defined Contribution Plans, Retirement Confidence, Slidepollajax, Fifty News

Americans' confidence in their ability to retire is hovering at the lowest level in two decades, according to a survey released Tuesday by the Employe...

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Is Corporate Greed Robbing You Of Your Pension? Reality Check

Mark Miller | Posted 12.18.2011

Read More: Pensions, 401(K), Ellen-Schultz, Stock Market, Retirement, Defined Benefit Plans, Fifty News
Mark Miller

Each time the market plunges, you can count on seeing a flurry of news reports looking at just how badly workplace 401(k) retirement portfolios have been hit. Rarely will you see a story asking why the market risk is born by individual workers.

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William Alden

Philadelphia Mayor Michael Nutter On Pension Reform: 'Some People Will Be Upset'

HuffingtonPost.com | William Alden | Posted 06.29.2011

Read More: Michael Nutter, Defined Benefit Plans, Economic Crisis, Pensions, Business News, Public Pensions, Philadelphia, Defined-Contribution-Plans, Municipal Debt, Business News

CHICAGO -- Just months after Michael Nutter became mayor of Philadelphia in January 2008, the national economy plunged into the worst downturn s...

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Less Secure Retirements Lie Ahead

National Journal | RONALD BROWNSTEIN | Posted 05.25.2011

Read More: Public Employees, Baby Boomers, Retirement, Defined Benefit Plans, Pensions, Generation X, Public Pensions, Retirement Plans, 401k, Saving for Retirement, Private Sector, Public Sector Employees, Aarp, Defined-Contribution-Plans, Wisconsin Protests, Business News

One big reason public employees are under siege in Wisconsin and other states is because they now enjoy more secure retirement benefits than most priv...

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Financial Fitness and Physical Fitness

Don McNay | Posted 05.25.2011

Read More: Social Security, National Basketball Association, Global Economy, Defined Benefit Plans, Main Street, Retirement Account, donmcnay.com, China, Mutual Fund, Nba, Subprime, Immediate Annuity, American College, Entourage, Personal Finance, Tipping, Lottery Winners, Ira, McNay Settlement Group, Financial Security, Structured Settlement, Msfs, Bankruptcy, Chfc, Pensions, Risk Management, Move Your Money, Kentucky, Don McNay, Medicaid, Structured Settlement Annuity, Physical Fitness, Bill Gates, Antoine Walker, Obesity, Clu, Financial Habits, Savings Rate, Credit Cards, Wall Street, Vanderbilt University, Abraham Shakespeare, Million Dollar Round Table, Winners Losers and What to Do When You WIn the Lottery, Son of a Son of a Gambler, Eastern Kentucky University, Weight Watchers, Warren Buffett, Banks, Medicare, Cssc, Gdp, Annuity, Billionaire, Credit Unions, Business News
Don McNay

Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."

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Getting Rich and the Marshmallow

Don McNay | Posted 05.25.2011

Read More: College Students, Predicting Wealth, Thomas Stanley, Stanford Department of Psychology, Defined Benefit Plans, Discipline, Marshmallow, Main Street, Waylon Jennings, Payday-Loans, Positive Psychology, Fox Business Network, Millionaire Next Door, Stress, Billy Joe Shaver, Small Business Owners, Nursery School, Positive Thinking, New Yorker, Billy-Joe-Shaver, Instant Gratification, Dna, Defined Benefit, 401k, Cincinnati, Stanford University, Lexington KY, Richmond, Fox Business CNBC, Personal Finance, Payday Lending, Msfs, The New Yorker, Dr. Thomas Stanley, Chfc, Cnbc, Millionaires, Pensions, Kentucky, Payday Loans, Don McNay, Ky, Walter Mischel, Credit Cards, Sub-Prime Mortgages, Bing Nursery School, Delayed Gratification, Clu, Structured Settlements, College Student Credit Cards, Adult ADD, Wall Street, Heredity, Sat, Million Dollar Round Table, Genetics, Certified Structured Settlement Consultant, Cssc, Chartered LIfe Underwriter, Tax-Anticipation-Loans, Defined-Contribution-Plans, Business News
Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.

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When 401k Came Into Our Lives

Don McNay | Posted 05.25.2011

Read More: 401(K) Plans, Financial Crisis, Business, Defined Benefit, Retirement, 401ks, Defined Benefit Plans, Economic Crisis, Business News
Don McNay

I am appalled that both presidential candidates have proposals that will make it easier for people to blow their 401(k) money.

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