finances
By Ramsey Smith
Monthly Income Is the Real Pot of Gold
Surprise! Annuity providers aren’t the only ones focused on income streams in retirement. Economist and Nobel Laureate Robert Merton has long argued that defined contribution plans like 401(k)s don’t do enough to convey to employees that they will need to convert their account balances- what may seem like a “pot of gold” at first glance- […]