As I mentioned at the end of my last article, I’m going to discuss the unique economics of a collateral protection insurance (CPI) program, including who pays and who benefits. It’s really unparalleled in the insurance business. Simply, CPI is one of the oddest insurance products you’ll encounter, because unlike most other insurance arrangements there […]
When it comes to annuities, guaranteed lifetime withdrawal benefits and lifetime income benefits are two of the more easily confused rider options.
The use of technology and innovation to provide services coupled with the rise of the smartphone savvy and millennial consumer is changing the face of finance. Both established financial institutions and new startup ventures are growing the role of...
Economists, like politicians, yearn for cushy retirements too.
Conventional planning, in my view, is about wishful and dangerous thinking. Conventional planning was designed by Wall Street to sell product, not to obey commonsense economic principles. This is why not a single top economics or finance department teaches conventional financial planning.
Profit from life's surprises. Manisha Thakor on how insights from unexpected places shaped her financial views.
Money can buy happiness, but up to what point? And does working more make us miserable? And will you be happier if you start your own company?
You're probably making these mistakes. Economics can help.
Balaji Viswanathan outlines the top ten things you need to know about economics.
The gains from experimentation could extend beyond older women | Finance & economics
The most effective advisors in the country are applying behavioural economics to their relationships with clients
With some jam-jar economics, they learned to adjust to a big slash in income after retirement.
Behavioral economics provides insights and answers for the tendency to over budget and to make other irrational financial choices.
Economics is a hard subject. On a given day, you can read that inflation is
Powell: Guaranteed income for life is tempting, but it could come at a steep cost that's not readily apparent to retirees<br>By<br>Retirement columnist<br>On paper, it's tempting: Invest in a variable annuity and you get a guaranteed income stream for life. But variable annuities that guarantee certain benefits might come at a steep cost that's not readily apparent to retirees, according to new research. The…
Elementary, middle and high school students talk about the difference that understanding economics and personal finance principles can make in their lives. w...
When you hear "economics," you might think of complex charts and graphs presented by brainiacs in bow-ties. But that's not all economics is. In fact, it starts with individual human action. If you can understand that, you’re well on your way to understanding economics. These free eBooks will help guide your journey.
Why is it important to focus on faith, work, AND economics? Because understanding economics—beyond the financial sense of the word—helps you apply your creativity, purpose, and freedom to the best of…