Let’s Operate 401(k) Plans as True Retirement Plans

It is important for employers to help employees do a better job during the post-retirement period.  See this article from CFO.com for some ideas about the employer’s role.

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New Insights on How People Decide to Retire

A 2013 study from the Society of Actuaries provides insights on how people decide to retire.  It indicates that many people who retired voluntarily were “pushed” and that the factors pushing them were stronger than the desire to meet their dreams in retirement.  Read about in my blog on The Conference Board’s Human Capital Exchange.

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Painting included in exhibit at the Chicago Cultural Center

An abstract painting by Anna was included in the 2013 Later Impressions Exhibit during September — October, 2013.  It is titled Jazz Band.Jazz Band

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Running Out of Money: New Study from the Society of Actuaries

A new study from the Society of Actuaries provides insights into how many people are expected to run out of money, the underlying issues and possibilities for improving the situation.  The study provides input from a group of experts, both in the form of submitted research and an interactive discussion.  The study was released in December 2012.

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New article on retirement decision making

My article Important Trade-offs in Retirement Decision making is in the Winter 2012 issue of Benefits Quarterly.  It focuses on some of the key trade-offs and provides information about the Managing Retirement Decisions series, a valuable resource from the Society of Actuaries.

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Thinking about Lifetime Income

My blog post “Focus on Helping Employees Build a Paycheck in Retirement” is available at The Conference Board’s Human Capital Exchange.

These three resources offer important insights in this topic:

1) Hueler, Kelli and Anna Rappaport:  The Role of Guidance in the Annuity Decision Making Process, Pension Research Council Working Paper 2012-11,

2) Vernon, Steve, Money for Life: Turn Your IRA and 40(k) Into a Lifetime Retirement Paycheck, Rest of Life Communications, 2012,

3) Issue Briefs: Designing a Paycheck in Retirement and Deciding When to Claim Social Security, Society of Actuaries, 2012,

See The Conference Board blog post for resources for employers.

 

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Balancing Art and Professional Work

Our neighborhood in Chicago has great Halloween decorations.  I want to share a few and hope that everyone has fun for Halloween and all of the holidays this year.

Halloween in Chicago 2012

 

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Support “Artuaries” and the Actuarial Foundation

I have joined with several other actuarial artists working in different media including painting, photography and quilting to form Artuaries.  Our work is found on greeting cards which are being sold through ACTEX.  My work is on two of the cards. Proceeds (except for handling expenses) are donated to the Actuarial Foundation.  Please support Artuaries. And follow us on Facebook.

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Welcome

In this blog, I will occasionally post information about interesting new resources and research, meetings of interest and ideas.  In addition, I will try to have fun occasionally.  Hope you will enjoy following this information.

Anna Rappaport

 

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