A new report from the Government Accountability Office details the serious retirement challenges that Americans are facing, and – in an effort to ward off (or at least mitigate the damage from) an impending retirement crisis in the country, is urging lawmakers in Congress to form an independent commission to study – and come up with solutions to – these…
From real estate to hedge funds to precious metals and more, at least half a million retirement accounts hold unconventional assets – and today’s article focuses on a new report from the Government Accountability Office which warns that “retirement savers choosing these unconventional assets in self-directed individual retirement accounts and solo 401(k)s face big risks….” How might investing in unconventional…
Today’s article notes that, in 2013, Social Security benefits made up 52% of household income for those aged 65 and over, and at least 90% of household income for almost a quarter of older retirees. These statistics make the findings of a new study by the Government Accountability Office all the more concerning: The GAO has determined that “Americans getting…