Archive

Should Retirement Be An Age or Financial Decision?

Historically, investors have tended to plan and save for retirement with a specific age in mind, often 65.  An age based strategy used to make sense as, in many cases, it was driven by the timing of pension benefits and the start of Medicare and full Social Security eligibility. Now that defined benefit pension plans […]

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Sustainable Growth

According to the Congressional Budget Office, the U.S. economy is running at its full potential, defined as the maximum sustainable growth rate, for the first time in a decade.  Most economists agree that an economy’s sustainable growth rate is determined by how many people are working and how productive they are. It appears that the […]

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Labor-Force Participation

Since the turn of the century, U.S. labor-force participation has been weakening.  There have been numerous attempts to explain this phenomenon, with little agreement.  Most of the theories have revolved around inadequate pay, increased safety net benefits such as disability payments, and the thought that a recovering economy would solve the problem by encouraging greater […]

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Is $15 the New De Facto Minimum Wage?

Over the last several months, several major employers have announced increases in the minimum hourly rate they plan to pay during 2018 (see our blog from November 3).  These planned wage increases have tended to anticipate that their lowest pay rate would approximate $11.00-12.00 per hour in 2018 with additional increases in future years.  Subsequently, […]

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