The name of the game for most plan sponsors, especially those representing public and multiemployer pension systems, is to beat the return on asset assumption (ROA). As regular readers of this blog know, we espouse a different view that would...

Press release Portman, Brown Reaffirm Commitment to Solving Pension Crisis Senators Say Meaningful Progress Has Been Made Toward a Bipartisan Proposal and Work will Continue Until Job is Done WASHINGTON, D.C. — Today, U.S. Senators Rob Portman (R-OH) and Sherrod...

The Center for Disease Control and Prevention has reported that the U.S. has suffered a declining life expectancy again, and it marks three consecutive years for this terrible trend. Life expectancy in the U.S. has fallen 0.3 years since 2014,...

As I've mentioned many times, I am a huge fan of the work being done by the folks at the Center for Retirement Research at Boston College. Their reports and blog posts are always insightful and tremendously helpful to me...

Regular readers of the KCS blog may recall a post that we produced on July 30, 2018, regarding cryptocurrencies. We had discovered a chart that highlighted the fact that most cryptos had failed as of that date, and we were...

I want to wish you and yours a Happy Thanksgiving holiday from my family and me. May the beginning of this holiday season be truly memorable! We are blessed in so many ways, but there are many among us who...

The number of Seniors living within 200% of the Supplemental Poverty Measure (SPM) is staggering (currently 42%), but remember that many of those currently 65-years or older have been participating in a traditional defined benefit plan. As more of the...

Given the market action in US equities generally and technology-related securities specifically, I suspect that many investors are quite concerned that a "major" bear market may be evolving, especially given the duration of the current equity bull market. US equities...

The Center For Retirement Research at Boston College continues to do an excellent job of elevating concerns about the current state of the "average" American worker and their ability to survive, if not thrive, in retirement. In their most recent...

According to a Bankrate study, nearly 70% of American adults are trying to reduce their monthly spending, and saving isn't the only reason. Bankrate reports that stagnant wages and growing debt burdens are more to blame for the intended spending...