How to Win a Nobel Prize, Part I

Are you ready for a graduate level discussion on investing, and how to build a portfolio? We promise to keep the jargon to a minimum, and to explain academic terms, if we can’t avoid using them. At Springwater, our approach to building investment portfolios for our...

Hedging Against Longevity

We recently wrote about the role annuities can play in your retirement plan. We noted that a basic, traditional annuity provides guaranteed income that you can’t outlive. Academic and industry research confirms that retirement plans are stronger and more secure with...

The Four Horsemen and Your Retirement

If you grew up in the Christian church, as many Americans have, you probably vaguely remember the story of the Four Horsemen. These Horsemen are referenced in the Book of Revelations, the last book of the New Testament of the Bible. Theologians differ on what these...

Should You Accept a Pension Buyout?

For decades, the number of American companies offering “defined benefit” pensions to their employees has been declining, as they have transitioned to employer-sponsored “defined contribution” retirement programs, like 401(k) and 403(b) plans. In addition to no longer...